BTC, ETH price news: Bitcoin, ether steady despite record stocks, falling oil and easing war fears
Bitcoin stayed near $73,000 despite record highs in global stocks, weaker oil, and a tentative U.S.-Iran ceasefire extension. It fell nearly 6% on the week as institutions focused more on U.S. crypto regulation than macro headlines. Ether held just below $2,000, while Solana, XRP, and DOGE also posted weekly losses; HYPE rose. The macro backdrop was strong: global equities and Asian stocks hit records, and Brent crude dropped sharply in May after ceasefire news. But crypto failed to follow, suggesting the market had already priced in the relief rally. Traders are now watching Washington for clarity on legislation such as the CLARITY Act. Analysts also pointed to weak technicals, fading spot Bitcoin ETF demand, and a “high-risk” setup that leaves bitcoin without a clear near-term catalyst.
