After hitting a new all-time high last month. Bitcoin It went back down again and touched its lowest level in weeks on Thursday morning as investors pulled their money out Crypto ETFs.

CoinGecko data He appears The largest cryptocurrency fell below $92,000 per coin at 9 a.m. ET, hitting a 2025 low of $91,925. It's now gone and trading at around $93,700. However, over seven days, the asset fell by 3.5%.

Investors are pulling out of U.S. bitcoin ETFs, which began being approved one year ago and are traded on exchanges — and such a significant pullback is likely to put downward pressure on the price of the asset itself.

On Wednesday, a total of $568.8 million in funds left, the most in a single trading day since December 19.

The downward trend came after the Federal Reserve Released Minutes from its December meeting, suggesting that inflation may be firmer than expected under incoming President Donald Trump, and that interest rates may remain high.

Bitcoin and other cryptocurrencies tend to do well in a low interest rate environment, and have greatly benefited from news that the Federal Reserve will lower borrowing costs.

EthereumAlso, its price is falling: the second-largest cryptocurrency was trading at one point for $3,216 on Thursday, which similarly represents the lowest price recorded for ETH so far in 2025. Priced now At $3,275 after recovery. Over a 24-hour period, it's actually up 1.5% as of this writing — thanks to a jump again — but over the course of the week, it's down more than 5%.

Investors also pulled $159 million from ETFs on Wednesday. This is the largest amount in a single day since July, the month in which the funds began trading. According to To Farside data.

Ethereum ETFs have not seen the same level of popularity as their Bitcoin counterparts, and the currency has not reached new highs like the oldest cryptocurrency. As of this writing, Ethereum's price is still approximately 33% below the peak price of $4,878 set in 2021.

In December, Bitcoin reached a new all-time high of more than $108,000. It is now about 13% below this level.

Modified by Andrew Hayward