Bitcoin slides nearly 50% from peak as ETF outflows and risk-off shift weigh on BTC
Bitcoin has dropped about 50% from its all-time high, erasing roughly $988 billion in market value between October 2025 and April 2026. Net outflows from U.S. spot Bitcoin ETFs totaled $3.83 billion from May 1 to June 4, while risk-off positioning and stronger equity performance have kept BTC under pressure. On the charts, a weekly close below the $60,000 wick could open a path toward the $52,000-$53,000 area.
