Crypto Weekly Digest | Bitcoin Holds $63.5K; ETF Outflows Hit $117M; FTX Begins $200M SOL Distribution

Crypto markets remained relatively range-bound last week. $Bitcoin (BTC.CC)$ traded around the $63,000–$64,000 level and ended the week down nearly 3%, while $Ethereum (ETH.CC)$ hovered near $1,900 and slipped about 1% over seven days.

Softer U.S. inflation data failed to trigger a sustained rebound, while spot Bitcoin ETFs recorded two consecutive days of outflows totaling about $192 million, adding to near-term pressure.

The Crypto Fear & Greed Index stood at 38, remaining in the “Fear” zone and reflecting cautious sentiment across the market.

AI Financing Concerns Resurface as Semiconductor Stocks Rebound. Wall Street is once again focusing on the financing pressure behind the rapid expansion of the AI industry. $Broadcom (AVGO.US)$ recently suffered a sharp pullback, shifting attention toward the capital requirements and debt involved in large-scale AI infrastructure investment.

$NVIDIA (NVDA.US)$ has also been affected by the broader debate. However, recent market action suggests investors are not abandoning the tech sector altogether, with performance remaining relatively mixed.Semiconductor stocks have shown signs of recovery.

The leveraged semiconductor ETF $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ posted a stronger rebound, while inverse ETF $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ declined. NVIDIA-linked leveraged ETF $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ also edged higher, suggesting that longer-term expectations for AI hardware demand remain relatively resilient.

Crypto Weekly Digest | Bitcoin Holds $63.5K; ETF Outflows Hit $117M; FTX Begins $200M SOL Distribution

Unlock deeper intelligence.

News

Markets

Company

Resources

Read the full layer.