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Shaurya Malwa
2 months, 2 weeks ago

Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock

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Bitcoin held above $64,600 on Thursday, up marginally on the day and 0.5% on the week, while the rest of the majors offered little in the way of direction.

Attention is also on Elon Musk-owned SpaceX, where roughly $101 billion of stock becomes tradable Thursday as the first lockup expires. The company holds 18,712 BTC, worth about $1.1 billion at the end of June.

Ether rose over 1% to $1,904 but remains down 0.7% over seven days. XRP was the weakest of the group, falling almost 3% to $1.04 and 3% on the week. BNB slipped over 1% to $595 though it still leads the majors over seven days at 3.5%.

Solana fell almost 1% to nearly $74 and dogecoin the same to 7 cents. Tron was flat at 33 cents. Hyperliquid's HYPE was little changed at $56 and is up over 4% on the week, the best weekly performance among the majors.
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