News #Global Markets This Week

Bitcoin was trading around $62,900, down from overnight highs around $65,300 on July 31. In another snapshot it was trading around $62,500 after losing more than 14.5% since the start of the week.

It was a week of divergence. Oil surged past $100, AI spending fears rattled Big Tech, crypto held surprisingly firm, and defense tech became the hottest trade in venture.