Bitcoin Holds Steady Amid Oil Price Surge and AI Sector Volatility

Bitcoin maintained stability around $64,200 on Monday as investors weighed escalating energy prices against ongoing concerns following Moonshot AI's breakthrough artificial intelligence model launch.

The leading digital currency posted a weekly gain of 3% with approximately $18 billion in trading activity. Ethereum rose 5% to $1,860 over the seven-day period.

In contrast, alternative cryptocurrencies showed limited movement, with XRP holding at $1.09 and Solana at $76.

Brent crude oil surged nearly 4% to $91.42 per barrel in response to intensified U.S.-Iran military confrontations.