The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.
Bitcoin recovered above $60,000 after briefly dipping to $59,000, with Ethereum and Solana also recouping recent losses. This rebound in major cryptocurrencies coincided with a significant recovery in AI stocks. Despite steep week-long losses across the crypto market and a slide…
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