Bitcoin price stability holds above $64,600 despite SpaceX’s $101B unlock

Bitcoin price stability once again became the market’s central talking point this week, even as a much bigger financial event unfolded just outside the crypto world. The token held firm above $64,600, brushing off a mid-week dip that buyers quickly bought back, while attention across trading desks drifted toward Elon Musk’s SpaceX and the $101 billion stock lockup that expired on Thursday. According to CoinDesk, the optimism around bitcoin appeared narrowly focused on the asset itself rather than spreading across the wider digital-asset market.

Key takeaways

• Bitcoin held above $64,600, posting a 0.5% weekly gain despite an early-week dip.
• SpaceX’s $101 billion stock lockup expired Thursday, freeing a large batch of shares for trading.
• SpaceX holds 18,712 BTC, worth roughly $1.1 billion at the end of June, down from $1.64 billion at the close of 2025.
• Ether, XRP and BNB moved in different directions, while Hyperliquid’s HYPE token posted the strongest weekly gain among major tokens, up more than 4%.
• Global risk appetite softened as a key Asian equity index fell sharply and gold climbed on expectations of fewer rate hikes.

Bitcoin Holds Steady While Majors Diverge

Bitcoin’s ability to defend its recent range is the clearest sign of price stability heading into a volatile stretch for equities and AI-linked stocks. The token traded above $64,600 on Thursday, up slightly on the day and 0.5% over the week, according to CoinDesk. That resilience stood out because the rest of the crypto market failed to move in the same direction.

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