Crypto
Bitcoin Climbs to $65K on Institutional Support Amid AI Stock Volatility
Crypto markets edged higher last week as institutional flows remained supportive. Bitcoin gained 2.54% over the past seven days to around $65,266, trading mostly between $63,500 and $66,200.
US spot Bitcoin ETFs attracted roughly $865 million in weekly net inflows, while Ethereum rose 1.99% to $1,919. This suggests institutional demand remains intact despite relatively subdued market sentiment.
Fear and Greed Index stands at 41, indicating neutral sentiment as the market maintains cautious balance. AI memory stocks remained volatile as investors reassessed the supply outlook, with concerns over higher capital spending by SK hynix raising questions over future memory supply.