Bitcoin slips below $68,000 heading into the weekend as dollar posts steepest weekly gain in a year

Most majors gave back Friday's gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin's supply now sitting at a loss according to Glassnode data. What to know : Bitcoin slid about 3.4 percent to roughly $68,000 on Saturday after a midweek surge to $74,000, continuing a pattern of late-week selling within a tight trading range. Despite the pullback, major cryptocurrencies remain modestly higher on the week, even as a surging U.S. dollar and expectations of delayed Federal Reserve rate cuts weigh on risk assets. On-chain data show about 43 percent of bitcoin supply is now at a loss, creating selling pressure on rallies, while a sharp rise in stablecoin inflows suggests sidelined capital that could reenter the market amid ongoing Middle East tensions.