Bitcoin slides Friday as risk-off mood persists, but majors hold weekly gains

Bitcoin declined on Friday amid continued risk-off sentiment, though major cryptocurrencies maintained weekly gains. Analysts interpret the drop as a leverage flush and positioning cleanup rather than indicating a structural trend reversal.

• →Bitcoin experienced a decline on Friday as risk-off sentiment persisted in markets
• →Major cryptocurrencies still managed to hold onto weekly gains despite Friday's weakness
• →Analysts view the latest drop as a leverage flush rather than a fundamental trend change
• →The decline appears to be driven by positioning cleanup and deleveraging activities