Bitcoin slides to $65,000 in weekend sell-off, with solana, XRP, dogecoin down 6%

The pullback erased most of Wednesday's push toward $70,000 as hot producer-price data and a post-earnings Nvidia decline dragged risk assets lower heading into the weekend. What to know : Bitcoin has retreated to about $65,700 after a brief attempt to reclaim $70,000, as deteriorating risk sentiment in U.S. equity markets weighed on crypto prices. Altcoins fell more sharply than bitcoin, with major tokens like Solana and ether dropping more than 6%, erasing their recent outperformance despite strong inflows into U.S. spot bitcoin ETFs. Macro headwinds from hotter-than-expected U.S. producer price data and rising concerns about job displacement, alongside shrinking USDT reserves on exchanges, have intensified worries about downside risk as bitcoin remains stuck in a $60,000 to $70,000 trading range.(Coindesk)