Ether leads crypto's hold above key levels as bitcoin steadies over $63,000

Markets Ether leads crypto's hold above key levels as bitcoin steadies over $63,000 A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway. By Shaurya Malwa Jul 6, 2026, 5:09 a.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show Ether led major cryptocurrencies higher over the past week, rising about 12% as bitcoin held above $63,000 and reclaimed its late-June losses. Crypto prices stayed firm even as the AI- and chip-driven stock rally lost momentum, breaking the recent pattern of money rotating out of tokens and into technology shares. Traders see bitcoin’s hold above $63,000 as an early sign of a more durable recovery, though a stronger dollar and upcoming U.S. inflation data leave the market without a clear catalyst for further gains. Ether (ETH) led crypto majors into Monday as bitcoin held above $63,000, steadying after a week that pulled it off its lows and back to its highest in more than a month. Bitcoin traded around $63,207, little changed on the day but up 5.5% over seven days, per CoinDesk data. Ether was the stronger performer over the week, up 12.4% to about $1,777, while BNB and dogecoin each gained around 5.5%. Solana held near $80.77 with an 11.2% weekly rise and Hyperliquid's HYPE led the majors, up 14.6% on the week. XRP traded at $1.14, up 9.4% over seven days. The gains held even as the backdrop turned cautious. A rebound in semiconductor and technology shares lost steam, reviving doubts about how durable this year's AI-driven rally is. South Korea's Kospi fell 1.4% as Samsung Electronics and SK Hynix declined, and an MSCI gauge of Asian chipmakers slipped. Brent crude fell 0.6% to about $71.70 a barrel, easing some inflation pressure ahead of the U.S. price data due later this month. The dollar strengthened against all its major peers, a headwind for crypto that has tracked the currency's moves through the past quarter. That crypto stayed firm while the AI trade wobbled is the shift worth watching. For most of the past quarter, money has rotated out of crypto and into chip and AI stocks, and cracks in that trade tended to pull the token amrket down with the rest of risk. Bitcoin begins the week having recovered the ground it lost in late June, with the next move likely to hinge on the coming inflation print and whether the majors can hold up as U.S. trading returns to full volume. Traders may assess the hold above $63,000 as the recovery's first real sign of staying power, though a still-strong dollar and an uncertain AI trade leave the market without a clear catalyst to push higher. Latest Crypto News 1 Clarity and Congress's summer break: State of Crypto 10 hours ago 2 Americans traded $571 million on Polymarket politic bets despite U.S. ban 14 hours ago 3 Banks have stopped asking if stablecoins belong in finance, now they're considering how 15 hours ago 4 Collateral, not yield, will decide which stablecoins win 16 hours ago 5 Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S. 16 hours ago 6 Barstool's Portnoy plans to hold bitcoin down to zero after timing it wrong every time 23 hours ago 7 Tokenization's next use case is personalized portfolios, NYLIM executive says Jul 4, 2026 8 Bitcoin jumps above $63,000, reversing end-June losses Jul 4, 2026 9 Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat grows Jul 4, 2026 10 How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk Jul 4, 2026 Latest Research Building the Zcash Machine: Tachyon and Quantum Readiness Building the Zcash Machine: Tachyon and Quantum Readiness Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. By CoinDesk Research Jun 30, 2026 Commissioned by GenZcash Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. Why it matters : Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. View Full Report More From Markets Barstool's Portnoy plans to hold bitcoin down to zero after timing it wrong every time Bitcoin jumps above $63,000, reversing end-June losses Why bitcoin's disconnect from record-high stocks won't last