Bitcoin extends five-session slide as $92,000 level falters; futures leverage down about $9B

Bitcoin has declined for five consecutive sessions, retreating from highs last seen in November and struggling to hold above $92,000. According to Samer Hasn of XS.com, the sell-off reflects profit-taking and broader risk aversion amid political and macro uncertainty. Spot demand shows resilience, with US Bitcoin ETFs recording their strongest weekly net inflows since October and futures open interest down about $9 billion.