Bitcoin Tumbles Below $78K as ETF Investors Face Losses and Derivatives Sentiment Turns Bearish

Bitcoin (BTC) fell sharply over the weekend, slipping below the $78,000 level and pushing many spot exchange-traded fund (ETF) investors into aggregate losses. The decline came amid thinning liquidity, the unwinding of leveraged positions, and a cooling of institutional risk appetite. Developments across derivatives markets, regulatory signals from Hong Kong, and broader macroeconomic uncertainty contributed to a volatile period for digital assets.