$BTC just posted its worst week since the 2024 yen carry trade unwind, dropping 12.6%.

The decline was driven by a stronger-than-expected U.S. jobs report, concerns over the Zcash Orchard bug and reports of a Bitcoin sale by Strategy. These events added pressure to the crypto market and led to a sharp pullback across major digital assets.

While the drop grabbed attention, it stands apart from many of Bitcoin's worst weeks this decade. Previous major declines were often triggered by major events such as government bans, exchange bankruptcies or large corporate failures.

Current market conditions show a correction driven by economic and market factors, while Bitcoin's long-term adoption and institutional interest continue to remain key themes for investors.

#Macro Insights# #BTC, the evolving ecosystem#