The post Bitcoin Eyes Fourth Weekly Drop With $2.3B Losses Triggering Capitulation Fears appeared on BitcoinEthereumNews.com.

Bitcoin trades near $66K, heading toward fourth consecutive weekly market loss. Realized losses hit $2.3 billion, signaling one of history’s largest capitulations. Short-term investors are selling heavily, while long-term holders remain largely inactive. Bitcoin hovered around the $66,000 level on Friday, positioning the world’s largest cryptocurrency for a potential fourth consecutive weekly loss as broader financial markets remained under pressure. The total cryptocurrency market capitalization slipped about 1.67% over the past 24 hours to roughly $2.26 trillion. Market data shows Bitcoin maintaining an unusually strong correlation with traditional assets, moving roughly in line with the S&P 500 (93%) and gold (91%), showing how interest-rate expectations and global macro developments are increasingly driving crypto price action. From Record Highs to Sharp Reversal Bitcoin’s current consolidation follows a dramatic reversal from its October 2025 record high near $126,000. The downturn accelerated on Oct. 10, 2025, when geopolitical tensions, including a proposed 100% tariff threat on Chinese goods, sparked a massive liquidation wave. Roughly $19 billion in leveraged positions were wiped out as Bitcoin dropped more than 14% within hours, a selloff intensified by a technical disruption on a major exchange. Since then, the cryptocurrency has lost nearly half of its peak valuation, repeatedly testing the psychologically important $60,000 level as institutional flows cooled and macro uncertainty persisted. Related: Peter Schiff Signals $10,000 Bitcoin Support Level Test: Here’s Why Capitulation Signals Flash Warning On-chain analytics indicate the recent decline ranks among the largest capitulation phases in Bitcoin’s history. Realized losses, a metric measuring the dollar value of coins sold below their purchase prices, reached approximately $2.3 billion on a seven-day average basis, placing the event among the top three to five largest loss spikes ever recorded. Comparable events occurred during the 2021 market crash, the 2022 Terra-Luna and FTX collapse, and the mid-2024…

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Filed under: News - @ February 14, 2026 8:27 am