Ether (ETH) led the crypto majors on Monday as bitcoin held above $63,000, stabilizing after a week that pulled it off its lows and back to its highest in more than a month.
Bitcoin was trading around $63,207, little changed on the day but up 5.5% over seven days, per CoinDesk data. Ether was the strongest performer during the week, up 12.4% to around $1,777, while BNB and dogecoin each gained around 5.5%. Solana held close at $80.77, up 11.2% weekly, and Hyperliquid’s HYPE led the majors, up 14.6% on the week. XRP is trading at $1.14, up 9.4% over seven days.
Gains held firm even as the backdrop turned cautious. A rally in semiconductor and technology stocks lost steam, rekindling doubts about the durability of this year’s AI-fueled rally. South Korea’s Kospi fell 1.4% as Samsung Electronics and SK Hynix fell and an MSCI gauge of Asian chipmakers fell.
Brent crude fell 0.6% to around $71.70 a barrel.
The dollar strengthened against all its major peers, a headwind for crypto that has tracked the currency’s movements over the past quarter.
