Bitcoin stabilized above $70,000 on Monday after sharp swings at the end of last week. Sentiment showed tentative improvement as US Bitcoin exchange-traded funds recorded significant inflows, with investors stepping in following the recent market decline. Still, traders remained cautious, with analysts noting that uncertainty persists over whether the worst is behind the market. Last week, Bitcoin wiped out all of its price gains since the election of US President Donald Trump, plunging to $60,033, its lowest level since October 2024. The cryptocurrency’s decline, mirrored across other digital assets, coincides with investor concerns over stretched tech valuations and the uncertain timing of Federal Reserve rate cuts. Analysts also highlight thinning liquidity as a serious risk, noting that Bitcoin’s average market depth has fallen sharply since October 2025.
