Ether leads crypto’s hold above key levels as bitcoin steadies over $63,000
Ether (ETH) led crypto majors into Monday as bitcoin held above $63,000, steadying after a week that pulled it off its lows and back to its highest in more than a month.
Bitcoin traded around $63,207, little changed on the day but up 5.5% over seven days, per CoinDesk data. Ether was the stronger performer over the week, up 12.4% to about $1,777, while BNB and dogecoin each gained around 5.5%. Solana held near $80.77 with an 11.2% weekly rise and Hyperliquid’s HYPE led the majors, up 14.6% on the week. XRP traded at $1.14, up 9.4% over seven days.
The gains held even as the backdrop turned cautious. A rebound in semiconductor and technology shares lost steam, reviving doubts about how durable this year’s AI-driven rally is. South Korea’s Kospi fell 1.4% as Samsung Electronics and SK Hynix declined, and an MSCI gauge of Asian chipmakers slipped.
Brent crude fell 0.6% to about $71.70 a barrel, easing some inflation pressure ahead of the U.S. price data due later this month.
The dollar strengthened against all its major peers, a headwind for crypto that has tracked the currency’s moves through the past quarter.
