Ether leads crypto’s hold above key levels as bitcoin steadies over $63,000
A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway.
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Summary
- Ether led major cryptocurrencies higher over the past week, rising about 12% as bitcoin held above $63,000 and reclaimed its late-June losses.
- Crypto prices stayed firm even as the AI- and chip-driven stock rally lost momentum, breaking the recent pattern of money rotating out of tokens and into technology shares.
- Traders see bitcoin’s hold above $63,000 as an early sign of a more durable recovery, though a stronger dollar and upcoming U.S. inflation data leave the market without a clear catalyst for further gains.
