CoinDesk·3 min read·medium
Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock
S
Shaurya Malwa
✦AI Summary
Bitcoin prices have stabilized above $64,000 as investors monitor the expiration of a $101 billion stock lockup for SpaceX. Meanwhile, broader market sentiment remains cautious as chipmaker stocks decline and traders evaluate the impact of AI-related investments.
Attention is also on Elon Musk-owned SpaceX, where roughly $101 billion of stock becomes tradable Thursday as the first lockup expires. The company holds 18,712 BTC, worth about $1.1 billion at the end of June.
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