SpaceX Unlock Sends Bitcoin Traders into a Frenzy

Bitcoin held steady above $64,600 on Thursday as traders watched for market direction from the unlock of approximately $101 billion in SpaceX stock. This event has piqued investor interest, particularly given Elon Musk's ownership of the company.

The unlock is expected to make nearly 18,712 BTC tradable, valued at around $1.1 billion based on June prices.

Despite this attention-grabbing event, major cryptocurrencies were mixed in terms of price performance.

Ether rose over 1% to $1,904 but remains down 0.7% over seven days, while XRP fell almost 3% to $1.04 and is also down 3% on the week.