Weekly Wrap: Crypto Struggles as Technology Stocks Fall
Bitcoin and other cryptocurrencies faced downward pressure at the end of the week as a global selloff in technology stocks, particularly AI-related equities, dragged down digital assets. Bitcoin fell about 1% to $64,000, while Ethereum dropped 3% to $1,830. The Nasdaq Composite declined over 550 points, and Japan's Nikkei 225 fell 5%. Rising oil prices (Brent crude up 5% to $88/barrel) due to ongoing US-Iran conflict added pressure by raising inflation concerns and potential Fed rate hikes. Other notable events include: Strategy leaving its Bitcoin holdings unchanged at 843,775 BTC; FATF warning of record $158 billion crypto money laundering in 2025; Citadel Securities investing $400 million in Crypto.com at a $20 billion valuation; Morgan Stanley adding crypto trading to E*TRADE with 0.50% fees; Kalshi launching betting on clinical trials; and the US Treasury freezing $131 million in Iran-linked crypto wallets.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
- Current automated evidence projection