So what when bitcoin drifts below $64,000

Bitcoin started the week hovering near $64,000 and led a rally in Asian shares as the US and Iran moved closer to a lasting peace deal.

The token was trading around $63,996 on Monday, down 0.4% over 24 hours and 2.2% on the week, per CoinDesk data. The rest of the market was mixed. Solana rose 3.7% on the week to $74 and tron ​​added 2.2%, while ether was roughly unchanged at $1,733. Losses ran deeper across the board, with BNB down 4.2% on the week, XRP down 4.3% to $1.13 and dogecoin the weakest major, down 6.5%. Hyperliquid’s HYPE, the standout in early June, fell 5% on the day and has cooled to a weekly gain of 1.9%.

The macro background became friendlier without dragging crypto along. The U.S. and Iran agreed on a roadmap toward a final peace deal within 60 days, and Brent crude fell 1.7% to around $79 a barrel. barrel.

An MSCI gauge of Asian shares rose 0.6%, led by a technology rally tied to continued optimism over artificial intelligence, while U.S. futures were softer, with S&P 500 contracts down 0.5%.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top