Bitcoin Surges to $64,400 Before Pulling Back Amid Geopolitical Concerns

Bitcoin's price surged overnight to reach $64,400 before pulling back to around $63,170. The cryptocurrency is still up about 6% on the week.

The move came despite Strategy selling 3,588 BTC for approximately $216 million. This sale marks its largest transaction since abandoning its never-sell policy.

Ether has gained 11.6% on the week, with XRP and Solana holding most of their weekly gains at $1.13 and $80 respectively.