The Bitcoin sell-off deepened over the weekend, carrying the largest cryptocurrency to a three-month low as losses widened across major digital assets. CoinDesk reported that Bitcoin touched a level just above $62,000 and had fallen about 8% since the U.S. stock market closed on Friday. The move extended a sharp weekly decline rather than a brief intraday dip.
Mint’s Sunday market report captured Bitcoin at $64,962.10, down 3.13% over 24 hours and at its lowest level since July. That quote came after CoinDesk described the earlier low near $62,000. The figures reflect different observation times in a fast-moving market, so they should not be read as conflicting prices for one moment.
Losses also spread beyond Bitcoin. CoinDesk said Ether, XRP and Solana were each down about 22% over the week in its reporting window, while Mint put the total cryptocurrency market value at roughly $2.19 trillion, down 2.91% over 24 hours. Those readings show a broad retreat across large tokens, not simply a decline in one asset.
Forced selling added to the pressure. Mint cited data showing about $2 billion in cryptocurrency positions were liquidated during the 24 hours through 09:00 Singapore time on Sunday. Bitcoin positions accounted for about $774 million and Ether for $488 million. Most of the liquidations involved long positions, which are bets that prices will rise.
A separate Coinbase price-page snapshot checked at 12:28 p.m. in Dhaka showed Bitcoin down 2.84% on the day and 14.52% over the week in its displayed history. Its local-currency quote was about 8.07 million taka. The exchange’s snapshot provides another market reference, but differences in timing and calculation mean percentage readings can vary by platform.
CoinDesk quoted analyst James Check describing the decline as a fourth capitulation wave. That is the analyst’s interpretation of market behavior, not proof that prices have reached a bottom. A capitulation label describes selling pressure; it does not establish what investors will do next or when losses might stop.
Mint also reported more than $187 million in U.S. spot Bitcoin exchange-traded fund outflows through Friday. The article discussed macroeconomic concerns and competition for investment from artificial-intelligence companies among possible pressures. Those explanations are reported views, not independently established causes of each sale.
The combination of falling prices, heavy liquidations and fund outflows gives investors several separate measures to track. They do not identify one confirmed trigger for the slide. Market participants will be watching whether selling eases, whether large tokens stabilize together and whether fund flows change in subsequent sessions.
For businesses that accept, hold or trade digital assets, the immediate development is renewed volatility and a sharp drop from recent levels. The current reports document prices and flows over specific windows; they do not support a reliable forecast for the next move. Bitcoin remains exposed to rapid price changes, and the cited snapshots can become outdated quickly.
