Bitcoin fell below $60,000 over the weekend and is on track for a roughly 12 percent decline in the second quarter after a 22 percent drop in the first quarter, marking a back‑to‑back quarterly loss. The decline follows outflows from U.S. spot Bitcoin exchange‑traded funds, a hawkish Federal Reserve stance under new chair Kevin Warsh, and a strong U.S. dollar. Altcoins also fell, with ether down about 25 percent this quarter and other tokens such as dogecoin, HYPE and XRP posting double‑digit weekly losses, while solana and tron showed smaller declines. Bitcoin traded around $59,940 on Sunday, a 0.6 percent drop over 24 hours and a 7 percent decline for the week, according to CoinDesk data. Ether fell 9.5 percent on the week to $1,567, dogecoin dropped 11.7 percent to $0.073, HYPE lost 10.6 percent and XRP slid 8.7 percent to $1.04, while solana held at $70, down 3.5 percent and tron down 1.5 percent. The market has been pressured by capital shifting to semiconductor and memory‑chip stocks amid the AI boom and by a technology‑stock sell‑off earlier in the week. Analysts will watch the third quarter to see whether ETF outflows and weak demand ease or if the weakness seen in the first half continues.