Ether leads crypto's hold above key levels as bitcoin steadies over $63,000
Cryptocurrencies showed resilience as Ether and Bitcoin maintained gains despite a broader market cooling in AI and semiconductor stocks. Investors are now closely watching upcoming U.S. inflation data to determine the next direction for risk assets.
Why it matters
The decoupling of crypto from AI-driven tech stocks suggests a potential shift in how investors view digital assets as a hedge or risk-on investment.
Bitcoin traded around $63,207, little changed on the day but up 5.5% over seven days, per CoinDesk data. Ether was the stronger performer over the week, up 12.4% to about $1,777, while BNB and dogecoin each gained around 5.5%. Solana held near $80.77 with an 11.2% weekly rise and Hyperliquid's HYPE led the majors, up 14.6% on the week. XRP traded at $1.14, up 9.4% over seven days.
The article provides a balanced overview of market trends across different asset classes.
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