Bitcoin tops $64,000 as crypto rebounds
Bitcoin climbed nearly 3.5 % to approach $64,000, led by broader chip and AI stock rally and dollar weakness; analysts turn eyes to US inflation data.
Last week, Bitcoin rose nearly 3.5 %, approaching $64,000 and recouping losses from late June. Ethereum and Dogecoin followed suit, while Solana remained the only major token with a weekly decline.
Analysts attribute the rally less to crypto-specific developments and more to a powerful surge in Asian semiconductor and AI-related stocks, along with dollar weakness. Markets are now closely watching upcoming US inflation data and liquidity trends.
This sets the stage for prediction markets to weigh whether Bitcoin will hold above $64,000 through the current month or retreat again under macro pressure.
