From Investing.com:

Bitcoin fell by 5.7% on Tuesday to $64,550, marking its largest one-day drop in two weeks. Ether also decreased by 4.4% to $3,355. Despite this, Bitcoin is still up 52% for the year, driven by investments in U.S. exchange-traded funds. Profit-taking and Fed interest rate speculations contributed to the decline.

In the past week, Bitcoin has fallen by almost 9%, its biggest weekly drop since September. Ethereum has also decreased by 13% following a network upgrade. However, smaller altcoins like sol and avax have seen gains of 19% and 17%, respectively. Market recalibration is expected as investors adjust to recent highs and corrections.

Flows into major Bitcoin ETFs have slowed in recent days, with $178 billion invested on Monday compared to over $400 billion last week. Analysts anticipate further recalibration as market participants navigate unprecedented inflows into spot Bitcoin ETFs.



Read more at Investing.com: Bitcoin slides 5%, while altcoins sparkle By Reuters