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Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
Key takeaways
- Bitcoin fell to about $59,200 late Wednesday before buyers pulled it back to around $60,700 on Thursday, down 2.9% over 24 hours and 5.4% on the week, per CoinDesk data.
- Ether dropped 2.8% to $1,616 for a 7.9% weekly loss, XRP fell to $1.07 and is down 9.2% on the week, and solana slid to $68.
- The same AI trade whose collapse pulled crypto lower earlier this week rebounded overnight, meanwhile.
Bitcoin fell to about $59,200 late Wednesday before buyers pulled it back to around $60,700 on Thursday, down 2.9% over 24 hours and 5.4% on the week, per CoinDesk data.
The damage was deeper across majors. Ether dropped 2.8% to $1,616 for a 7.9% weekly loss, XRP fell to $1.07 and is down 9.2% on the week, and solana slid to $68. Dogecoin and Hyperliquid's HYPE were the worst hit over seven days, down 11.9% and 11.7%. Tron was the only major higher on the week, up 1.9%.
The same AI trade whose collapse pulled crypto lower earlier this week rebounded overnight, meanwhile.
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