3 reasons behind Bitcoin price’s nearly 6% weekly drop

Bitcoin price has fallen nearly $8,000 in a week, dropping from above $81,000 to below $73,000 as shrinking stablecoin liquidity, leveraged trading losses and concerns about major stock market listings add pressure to the cryptocurrency. Bitcoin price fell nearly $8,000 in one week, dropping from above $81,000 to below $73,000. CryptoQuant reported a $6.6 billion contraction in USDT supply over the previous 60 days. Analyst Joao Wedson identified $579 million in exposed Bitcoin longs compared with $147 million in shorts. Cryptocurrency futures liquidations reached approximately $725 million as leveraged traders faced renewed selling pressure. Analysts are examining whether major AI IPOs attract capital from Bitcoin, although causation remains unproven.

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