Bitcoin Stays Flat Near $64,000 While Stock Markets Hit New Highs

Bitcoin barely moved on Wednesday, holding just above $64,000, even as global stock markets climbed to fresh record highs on strong AI-related buying.

Crypto Prices Show Little Movement

Ether slipped to $1,869, making it the only major coin down for the week, falling around 2%. XRP, dogecoin, and tron each dipped slightly, while Solana stayed steady near $73.60. BNB gained over 1%, leading weekly performance with a 5% rise.

Stocks Rally as Oil Slides on Hormuz Optimism

Meanwhile, global equities surged, with the S&P 500 and Dow both closing at record highs. Brent crude dropped to around $78.50 a barrel amid reports that the US, Iran, and Oman are nearing a deal to reopen the Strait of Hormuz. Despite falling oil prices and easing rate hike expectations, crypto failed to join the rally, with bitcoin still nearly 49% below its October peak of $126,000.