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Crypto

Bitcoin Holds Steady at $62,919 Amid Quiet Crypto Market Weekend

Guavy AI Editorial Team
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BTC ETH XRP LINK
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Crypto markets are experiencing a quiet weekend session, with Bitcoin (BTC) holding near $62,919.47 as of August 16, 2026.

The soft tone in the market has persisted since Wednesday's CPI report, which failed to spark the relief rally that was expected.

Bitcoin is down 2.85% over the past week, with trading volume noticeably lighter than weekday sessions earlier this week.

Ethereum (ETH) and XRP are also experiencing a decline, but Chainlink (LINK) has seen a standout performance, rising 13.51% over the past seven days to $9.42.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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