Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
CoinDesk·
60-second summary
Bitcoin surges back above $60,000 as buyers intervene, reversing the token's decline to around $59,000. Despite steep losses across the board, ETH and SOL recoup losses as well. A strong Micron forecast boosts stocks, while oil prices continue to slide, yet crypto markets defy the trend, indicating resilience in the sector.
The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.