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<p><strong>Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) moved lower this week after another failed attempt to break above $72,000. The decline pulled the wider crypto market down, while a few smaller tokens moved against the broader trend.</strong></p><div id="cn-block-summary-block_b4b1aaf7ae2ea594a5dd3a2944ceafde" class="cn-block-summary"><div class="cn-block-summary__nav tabs"><span class="tabs__item is-selected">Summary</span></div><div class="cn-block-summary__content"><ul class="wp-block-list"><li>Bitcoin fell from $72,000 to $65,500 in 48 hours as sellers regained control across exchanges.</li><li>Ethereum slipped below $2,000, BNB held near $610, and XRP stayed below $1.35 amid weakness.</li><li>SIREN jumped over 100% in one day, even as the crypto market lost $60 billion.</li></ul></div></div><p>Bitcoin started the week <a href="https://crypto.news/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls/" rel="noopener noreferrer nofollow">under pressure</a> after it failed to clear higher resistance levels. The asset had already lost momentum near $76,000 in the previous week and then traded around $70,000 over the weekend before falling to $67,500 on Monday as traditional markets reopened.</p><p>You might also like: <a href="https://crypto.news/is-ethereum-ready-to-bounce-as-466k-eth-hits-whale-wallets/" rel="noopener noreferrer nofollow"> Is Ethereum ready to bounce as 466K ETH hits whale wallets? </a></p><p>Later that day, Bitcoin rose close to $72,000 after US President Donald Trump said the United States and Iran had reached a de-escalation deal. That move did not last. Iran rejected the statement, and Bitcoin quickly fell back toward $69,000.</p><h1 class="wp-block-heading" id="strong-price-swings-deepen-as-sellers-take-control-strong"><strong>Price swings deepen as sellers take control</strong></h1><p>Bitcoin returned to the $72,000 area on Wednesday, which marked its weekly high. Sellers then regained control and pushed the asset back to $69,000 by Friday. The decline continued into the weekend, sending Bitcoin to $65,500 on some exchanges, its lowest level since early March.</p><p>The move left Bitcoin down by more than $6,000 in 48 hours. At the time of reporting, the asset had recovered slightly and traded above $66,000, but it still showed a weekly loss of around 6%. Its market capitalization dropped to about $1.325 trillion, while its market share slipped below 56%.</p><h2 class="wp-block-heading" id="strong-large-cap-altcoins-track-bitcoin-lower-strong"><strong>Large-cap altcoins track Bitcoin lower</strong></h2><p>Most large-cap altcoins also moved down during the same period. <a href="https://crypto.news/is-ethereum-ready-to-bounce-as-466k-eth-hits-whale-wallets/" rel="noopener noreferrer nofollow">Ethereum</a> fell below the $2,000 mark, Binance Coin traded just above $610, and <a href="https://crypto.news/xrp-traders-watch-april-as-open-interest-jumps-15/" rel="noopener noreferrer nofollow">XRP</a> remained below $1.35 after testing resistance near $1.30 earlier in the week.</p><p>The weakness in major tokens added pressure to the overall market. Total crypto market value fell by about $60 billion from Friday’s peak and stood near $2.37 trillion, showing that risk appetite remained weak across the sector.</p><p>However,&nbsp; SIREN was one of the few tokens to post a sharp gain during the latest market drop. The AI-linked token rose more than 100% in 24 hours and traded above $1.60 at press time. Even so, it remained over 50% below its recent all-time high of $3.60 reached earlier this week.</p><p>Other altcoins showed a mixed picture. AAVE fell by 5%, while HASH lost 9% on the day. Bitcoin Cash and CC posted gains of more than 3%, making them rare movers higher as most of the market stayed under pressure.</p><p>Read more: <a href="https://crypto.news/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls/" rel="noopener noreferrer nofollow"> Bitcoin hits three-week low as $14B options expiry shakes bulls </a></p><p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>

Bitcoin drops $6K in 48 hours as altcoins follow lower

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