Bitcoin consolidated around $60K, ending the week down just 0.4% despite 5% intraday swings, as Ethereum held near $2,500.
Bitcoin hit $65K on record ETF inflows before dropping 6% to $58K on large long liquidations and broader global uncertainty.
Bitcoin fell 3.5% to $56,682 as September's historically tough seasonality kicked in, worsened by hints of higher Japanese central bank rates.
Bitcoin rebounded to $56,000 after a sell-off to $53,000, mirroring US stocks' worst week since March 2023 ahead of a Fed rate decision.
Bitcoin hit $61K for the first time in September, up 7.2% on the week, as markets anticipated a US rate cut from 23-year highs.
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