Bitcoin fell sharply and fell below $63,000.
Bitcoin fell to $62,100, the lowest in three months. Later, the cryptocurrency recovered slightly to $64,400, but lost about 17% of its value during the week.
Other cryptocurrencies also fell in price: Ethereum - by 20%, XRP - by 18%, Solana - by 21% during the week.
Due to a sharp drop in one day, positions of traders amounting to almost 2 billion dollars were forcibly closed. At the same time, investors continue to withdraw money from the Bitcoin funds: in just one week, the outflow amounted to 1.07 billion dollars.