Key Takeaways

• Modest bounce: Bitcoin rose 1.5% to $63,053.7 after shedding nearly 18% last week — its worst weekly performance of 2026.
• Record ETF outflow: U.S. spot Bitcoin ETFs saw $1.72 billion in outflows last week — the biggest weekly exodus since April 2025.
• Four-week outflow streak: Combined outflows over the past four weeks totaled $5.4 billion, per SoSoValue.
• Institutional selling the driver: Risk aversion over the Iran war and its rate implications have been the primary force behind sustained selling.
• AI rotation hurts crypto: Investors have been pivoting from crypto into AI-linked equities — though the AI rally halted sharply Friday and Monday.
• Iran-Israel air strikes: Tehran and Tel Aviv traded strikes Sunday evening, reigniting Middle East escalation fears.
• Trump calls for restraint: The president urged Israel to hold back, claiming a peace deal with Iran remains possible.
• Oil surge spooks markets: Crude surged on the military exchange, amplifying broader risk-off sentiment.
• Strong NFP complicates Fed outlook: Hot jobs data gives the Fed more headroom to hold or hike — bad news for speculative assets.
• Ether recovers 3.4%: The world’s second-largest crypto rose to $1,666.44 after a near 20% weekly wipeout.
• Altcoins broadly recover: XRP and Solana each rose 1.3%; Cardano and BNB added 0.4% and 1.3% respectively.
• Memecoins edge up: Dogecoin gained 0.8%; $TRUMP added 2%.

Bitcoin rose slightly on Monday, steadying after logging steep losses over the past week, with sentiment toward cryptocurrencies remaining fragile amid continued institutional selling and heightened Middle East tensions.

Bitcoin rose 1.5% to $63,053.7 by 02:23 ET (06:23 GMT). The world’s largest crypto wiped out nearly 18% last week in its worst weekly performance of the year.

Bitcoin Logs Biggest Weekly Spot ETF Outflow in 14 Months

Bitcoin was battered by sustained, steadily increasing institutional selling over the past four weeks — reflected chiefly in capital outflows from spot exchange-traded funds.

U.S. spot Bitcoin ETFs saw an outflow of $1.72 billion last week, their biggest weekly outflow since April 2025. Spot ETFs logged a fourth straight week of outflows, totaling a combined $5.4 billion, according to data from aggregator SoSoValue.

Institutional selling came amid waning appetite for crypto, spurred by risk aversion over the Iran war and its impact on interest rates.

Investors were also seen pivoting into assets with artificial intelligence exposure — specifically equities — amid growing optimism toward the sector over crypto. Still, Bitcoin found some relief as the AI rally came to a screeching halt on Friday and Monday.

Crypto Price Today: Altcoins Recover, But Iran-Israel Escalation Weighs

Broader crypto prices largely rose on Monday, tracking a mild recovery in Bitcoin. But bigger gains were limited by persistent risk aversion, especially amid a resurgence of military action in the Middle East.

Iran and Israel traded air strikes on Sunday evening, amid growing ire in Tehran over Israel’s continued aggression against Lebanon and Hezbollah.

Israel’s strikes on Iran came even as U.S. President Donald Trump called for restraint, claiming that a peace deal with Tehran was still on the cards.

But escalating military action in the Middle East — with the United States and Iran also trading strikes over the past week — largely diminished hopes for peace. Oil prices surged on this notion, spooking broader markets.

Concerns over the Federal Reserve potentially raising or maintaining high interest rates also grew following stronger-than-expected U.S. nonfarm payrolls data on Friday. Strength in the labor market gives the Fed more headroom to hike rates — a scenario that bodes poorly for non-yielding, speculative assets like crypto.

Among altcoins, Ether rose 3.4% to $1,666.44, recovering from a near 20% weekly wipeout.

XRP and Solana rose 1.3% each, while Cardano and BNB rose 0.4% and 1.3%, respectively.

Among memecoins, Dogecoin rose 0.8%, while $TRUMP added 2%.