Coinshares Bitcoin ETF

BRRR

Market cap $946K

Cryptocurrencies sank on Saturday, with bitcoin falling below $78,000. The slide follows the recent strength in the U.S. dollar following President Donald Trump's selection of Kevin Warsh as his choice for the next Federal Reserve chairman.

Bitcoin is sinking closer to its April tariff lows. A boost from easing monetary policy might help, but investors are cautious right now.

Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash ​in the financial system hit cryptocurrencies and lifted the dollar.

The US Bitcoin exchange-traded fund (ETF) market remained under pressure through January 28, recording a second consecutive day of net outflows and underscoring persistent caution among institutional investors despite a sharp slowdown in the pace of redemptions. According to the data from Farside Investors, Bitcoin ETFs logged net outflows of around $19.

There are plenty of talking heads in the crypto sector to listen to. Many have long-standing bullish views on certain tokens.

Bitcoin has experienced a decline of 25% over the past six months and is currently trading below $88,000. This drop is attributed to macroeconomic uncertainties, risk-off sentiment, and diminishing institutional flows.

Many advisors and investors remain concerned about how market and geopolitical uncertainty will affect their equity and fixed income strategies, but those aren't the only assets at risk. The crypto industry got nearly everything it wanted last year yet the selloff that began in the second half of 2025 continues.

US spot Bitcoin and Ether exchange-traded funds recorded significantly wider outflows on Wednesday, underscoring continued institutional risk aversion as macroeconomic and geopolitical uncertainty weighed on digital asset markets. According to data from Farside Investors, spot Bitcoin ETFs saw a combined daily net outflow of $708.7 million, marking the largest single-day redemption in roughly two months.

This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.

The cryptocurrency market is set to reach all-time highs this year, according to Brad Garlinghouse, CEO of blockchain company Ripple. Garlinghouse said that interest in crypto from large financial institutions is not priced into the market as much as he would have expected.