Market pulse

Crypto markets are broadly weaker, with losses spread across most tracked assets rather than concentrated in a few names. Seventy-seven of 100 assets declined, and the median 24-hour move was down 2.9%. PARTI was a notable exception, rising 31%, but isolated gains have not offset the wider pullback. The breadth points to a fragile tone, though it does not rule out short-term rebounds.

Bitcoin was near $78,200, up 0.3% over 24 hours but down 3.7% over the week. It remained below its 20-day and 50-day averages, while futures open interest fell about 1.9% in a day, suggesting some reduction in outstanding positions. Funding remained slightly positive, and long positions still outweighed shorts among accounts tracked by Binance. That mix is not a clear signal of a reversal: traders remain tilted long even as activity contracts.

The next test is whether weakness broadens further or begins to stabilize, particularly in Bitcoin and other major assets. Technical measures across the tracked large-cap group were subdued, with no assets above their 50-day average. Separately, the BBC reported that Binance froze assets over a suspected hack and suspended transactions while conducting security checks. The report may be relevant to exchange confidence, but it does not establish a cause for the market’s decline. US manufacturing data and central-bank decisions are also due next week and could affect broader risk appetite.