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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/03/2026

Bitcoin Stabilizes at $67,000 After Steep Weekly Decline

What happened: Bitcoin's price steadied near $67,000, recovering slightly after a sharp 9.

Bitcoin Stabilizes at $67,000 After Steep Weekly Decline

What happened: Bitcoin's price steadied near $67,000, recovering slightly after a sharp 9.5% drop over the past seven days. This downturn unfolded as U.S. stocks reached new all-time highs and AI-related tokens outperformed the broader crypto market. Meanwhile, Coinbase's involvement with Ethena drew attention away from Bitcoin's slide.

Why it matters: The significant weekly decline underscores persistent volatility in crypto, even as traditional markets rally. Bitcoin's current level is seen as a critical juncture, with traders closely watching for signs of either further downside or a potential rebound. The divergence between crypto and equity performance may signal shifting risk appetites or a rotation of capital into AI and equities.

Source: CoinDesk