Cryptocurrency10 Jul 2026SEO 801 min read

Analysis: Bitcoin zips higher to nearly $64,000 as chip rally and yen strength drive gains

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran. Bitcoin rebounded 3.5 percent to nearly…

Bitcoin is up 4.2% over seven days that contained an oil shock, a bond selloff and two rounds of U.S. strikes on Iran. Bitcoin rebounded 3.5 percent to nearly $64,000, erasing losses tied to President Trump’s warnings on Iran and ending the week up 4.2 percent. Major cryptocurrencies mostly advanced alongside bitcoin, with ether and dogecoin higher on the day while solana remained the only large token still down for the week. Analysts say leverage-driven liquidations, a weaker dollar and a powe…

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