Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears
BTC held near $64,000 as MSCI’s world index set another peak and Brent fell toward a Hormuz deal. Ether is the only major down on the week.
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Summary
- Major cryptocurrencies, including bitcoin and ether, were little changed despite global stock indexes hitting fresh records on renewed enthusiasm for artificial-intelligence-related shares.
- Bitcoin is trading just above $64,000, roughly flat over the past week and still about 49% below its October peak, while ether is the only major token down on the week.
- With cheaper oil, easing rate expectations and a strong risk-on rally in equities failing to lift digital assets, analysts say crypto’s drag appears to be driven by internal market dynamics rather than macroeconomic factors, even as traders watch for a potential Strait of Hormuz deal.
