Ether
Bitcoin falls 17% in brutal weekly crypto rout
Reported by AI Image generated by AI
Bitcoin and Ether posted their steepest weekly declines since the 2022 FTX collapse as the broader crypto market shed roughly $390 billion in value. The selloff followed a strong U.S. jobs report and mounting concerns over interest rates and competition from AI investments.
Crypto investment products recorded $1.07 billion in outflows as tensions over Iran spurred risk-off sentiment among investors. Bitcoin and Ether funds led the withdrawals.
Reported by AI
U.S.-listed spot bitcoin and ether exchange-traded funds experienced one of their worst outflow days in 2026, with nearly $1 billion withdrawn in a single session on January 29—following heavy weekly outflows totaling nearly $2 billion the prior week ending January 23. The heavy redemptions coincided with sharp declines in cryptocurrency prices amid rising volatility and macroeconomic pressures. Investors pulled back as bitcoin fell below $85,000 and ether dropped more than 7%.