Crypto Market Tumbles as Bitcoin Dips Below $64K Amidst Geopolitical Uncertainty

The cryptocurrency market experienced a downturn heading into the weekend as Bitcoin (BTC) dipped below $64,000 and Ethereum (ETH) hovered above $1,800 due to weakening buying momentum.

Investors remained cautious amidst geopolitical tensions and broader market uncertainty, weighing on risk assets.

DeXe (DEXE) emerged as the standout performer, surging 90% to approximately $88, following a dramatic selloff earlier in the week when it plummeted from $41 to $2 after $6 million in transfers from project-linked wallets triggered panic across the market.

Solana (SOL) was the weakest performer among the top 10 cryptocurrencies by market capitalization, falling 2.2% to $73.47 as concerns over AI-related spending continued to pressure investor sentiment.