Weekly Institutional Insights: Bitcoin (BTC) Sees Slight Life in the Past Weekend

Our weekly Institutional Insights explores the latest market developments — market performance, industry news, trending topics, upcoming events and token unlocks

March 17, 2025: Our weekly Institutional Insights are here to keep you updated on the latest market developments. From market performance and industry news to exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks, we aim to help you supercharge your crypto trading.

Enjoy our weekly take on the market!

Weekly highlight — consumer sentiment falls

Source: Bloomberg

US consumer sentiment has fallen to its lowest level in over two years as the impact of tariffs on household finances continues to weigh. The preliminary reading of the University of Michigan’s consumer sentiment index for March 2025 dropped to 57.9 from February’s 64.7, the lowest since November 2022, and worse than a Bloomberg survey of economists.

The index is now at its weakest point since October 2022.

The survey also showed a record low in consumers’ assessment of their own financial standing over the past year, with only 48.7% anticipating gains in the stock market over the coming 12 months.

"Consumers are reporting an unusually high level of uncertainty, especially about the stability of the economic outlook, which bodes ill for consumers’ ability to plan for the future," said Joanne Hsu, Director of the Surveys of Consumers at the University of Michigan.

Some analysts cautioned that the decline in consumer confidence could significantly impact spending. As concerns over an economic downturn escalate, consumers may delay or cancel purchases of major items.

The current conditions gauge and the expectations index both fell to their lowest levels in several months, highlighting a broad-ranging apprehension among consumers.

Weekly crypto highlight — Bitcoin see slight life in the past weekend

Bitcoin rebounded from a four-month low earlier this week as other risky assets recovered from recent market turmoil. Economic uncertainties, driven by a wave of tariffs from President Donald Trump and the threat of a government shutdown, sparked significant sell-offs across various asset classes, including cryptocurrencies.

“As we conclude a week of widespread selling, markets are now experiencing a relief rally from oversold conditions and⁷ e e out of pessimism,” said Ravi Doshi, Co-Head of Markets at FalconX. Ultimately, the deferral of a US government funding lapse has alleviated a source of macroeconomic uncertainty.”

BTC price. Source: Bybit

On Friday, Bitcoin rose by as much as 6.2%, reaching $85,301, while smaller digital assets surged even more: Solana gained over 9%, Chainlink increased by 13% and XRP rose nearly 8%. Earlier in the week, Bitcoin dropped to around $77,000, a significant decline from its all-time high of $109,000 in January 2025.

This slump triggered record outflows from Bitcoin exchange-traded funds and large liquidations in crypto derivatives markets. Crypto markets are quickly recovering as these macro-driven liquidations appear to be pausing. According to Ben Casella, an analyst at Defiance Scale Vector ETF, further stability in the macroeconomic sphere may provide additional support for crypto prices.

Want to know what is next? Read more here.

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