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Bitcoin falls more than 8% in a week as crypto pullback continues: CNBC Crypto World
CNBC Televisionยท2025-10-17 19:44

Market Trends & Cryptocurrency Performance - Bitcoin traded under $17,000, Ether fell below $3,800, and XRP dropped 25% [2] - Bitcoin was down 85% over the past seven days, marking its worst week since February 28th when it fell more than 11% [3] - Ether was lower by more than 5% over the past seven days [3] - XRP was down 14% over the past seven days [3] Digital Asset Treasuries (DATs) & Market Saturation - Institutional supply has increased from 4% or 5% two years ago to 12% of total Bitcoin supply [11] - Institutional demand for Bitcoin, including Bitcoin ETFs and treasury companies, is about 500% of the daily mined supply [11] - Approximately 25% to 26% of treasury companies have MNAV (Market Net Asset Value) less than one, trending upwards [24] Company Specific News & Analysis - Core Scientific and Coreweave were both down more than 5% [4] - Core Scientific's biggest shareholder, To seize Capital, reportedly opposes the acquisition deal [4] - Digital asset treasuries hold about 12% of Bitcoin supply [11] - Debt to leverage ratios are at a healthy 25% to 30% [19]