$Bitcoin (BTC.CC)$ fell 1.53% over the past 7 days, currently trading at $76,807. Weekly volatility ranged between $74,000 and $78,000, pressured by $607 million in net outflows from US Bitcoin ETFs over three consecutive days, with BlackRock’s IBIT alone shedding $387 million. Despite US lawmakers proposing legislation to acquire 1 million Bitcoin for strategic reserves over five years, weakening institutional demand weighed on prices. $Strategy (MSTR.US)$ purchased bonds instead of Bitcoin this week, with founder Saylor stating the company is charging up for future large-scale acquisitions.
$Ethereum (ETH.CC)$ underperformed Bitcoin during the same period, declining 0.85% to $2,094. US Ethereum spot ETFs recorded cumulative outflows of…
