Cryptocurrency markets endured a steep decline over the weekend, with Bitcoin tumbling more than 10% to trade near $113,000, while Ethereum and other major tokens also suffered heavy losses. The broad-based selloff reflected a wave of risk aversion across digital assets, as global markets turned volatile and leveraged positions unwound rapidly. Analysts pointed to thin liquidity and elevated speculative activity as key drivers behind the sharp correction, noting that even long-term holders showed signs of defensive repositioning.

The downturn also underscored how closely digital assets now track broader financial markets, particularly during periods of stress. Many traders were forced to liquidate positions as margin calls surged, accelerating the pace of declines across exchanges. Despite short-term volatility, institutional interest in blockchain infrastructure and regulated crypto products remains resilient. Still, the recent move serves as a reminder of crypto’s sensitivity to macroeconomic shifts and investor confidence.