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Your Personal Daily Intelligence
Edition 2026-07-06

CRYPTO

Ether Gains 12.4% as Bitcoin Holds Above $63,200

Ether rose 12.4% over the past week, leading gains among major cryptocurrencies, while Bitcoin steadied above $63,200, up 5.5% for the week, according to CoinDesk.

By coindesk · 51d ago · Source: coindesk

Full article

Ether rose 12.4% over the past week, leading gains among major cryptocurrencies, while Bitcoin steadied above $63,200, up 5.5% for the week, according to CoinDesk. Cryptocurrency prices remained firm as the AI‑driven rally in technology stocks lost momentum, breaking a recent pattern of capital flowing from tokens into chip and AI equities. A stronger dollar and upcoming U.S. inflation data limited clear catalysts for further upside. Bitcoin traded around $63,207, little changed on the day but up 5.5% over seven days, per CoinDesk. Ether climbed to about $1,777, a 12.4% weekly increase, while BNB and Dogecoin each rose about 5.5%. Solana advanced 11.2% to near $80.77, and HYPE gained 14.6% as XRP rose 9.4% to $1.14. The weekly gains occurred despite a decline in South Korean Kospi and Asian chip indices and a 0.6% drop in Brent crude prices. Market direction will likely hinge on the forthcoming inflation report and whether the major cryptocurrencies can sustain their current levels amid a still‑strong dollar and a tentative AI trade.

Source transparency

Publisher
coindesk
Reliability
high
Published
7/6/2026, 10:00:24 AM
Retrieved
7/6/2026, 10:00:24 AM
Relevance
80%
Confidence
85%
Read original at coindesk

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