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Bitcoin Rebounds Above $65,000 as Crypto Braces for Worst Weekly Crash Since 2022

Steve Tyler Exec Content

Bitcoin Rebounds Above $65,000 as Crypto Braces for Worst Weekly Crash Since 2022

Summary

Bitcoin clawed back above $65,000 on Friday after tumbling to around $60,000 earlier in the week, but the rebound hasn’t calmed markets. The token is on track for its worst weekly drop since late 2022, down nearly 14% for the week.

The wider crypto market has lost roughly $2 trillion in value since October, with about $1 trillion erased in the last month (CoinGecko). The selloff has been driven by a global rout in tech stocks, the unwinding of AI-driven risk trades, and fast deleveraging that increases the risk of forced liquidations and systemic stress. Ether mirrored bitcoin’s moves and is heading for a near-16% weekly loss. Deutsche Bank notes U.S. spot bitcoin ETFs recorded more than $3 billion in outflows in January, signalling continued institutional withdrawals.

Key Points

  1. Bitcoin bounced above $65,000 but remains down ~14% on the week.
  2. The global crypto market has shed about $2 trillion since October; ~ $1 trillion lost in the past month (CoinGecko).
  3. Selloff linked to tech-stock rout, AI-driven risk trades and rapid unwinding of leveraged positions.
  4. Ether also hit hard, facing roughly a 16% weekly decline.
  5. Institutional flows are weak: U.S. spot bitcoin ETFs saw over $3bn of outflows in January (Deutsche Bank).

Context and Relevance

This story matters because it highlights how intertwined crypto is with broader market risk. The correlation with tech and AI-related trades turns crypto into a beta play rather than a safe haven. For investors, treasurers and market-watchers, the key risk is liquidity and leverage: if risk sentiment worsens, crypto could see another sharp leg down.

Why should I read this?

Short and blunt: if you’re invested in crypto, manage digital assets, or make market-facing decisions, this is flashing red. We’ve done the heavy lifting and pulled the critical figures so you can act faster.

Author style

Punchy — the article flags a significant market move and why it matters now. Read it if you want the essentials without the fluff.

Source

Source: https://www.ceotodaymagazine.com/2026/02/bitcoin-65k-crypto-worst-week-since-2022/