Crypto and its neighboring markets spent the week separating conviction from hype. Bitcoin (BTC) shook off sell-off fears and pushed its long-term floor higher, even as a $500 million AI bill and a 50% stock crash showed how fast unbacked bets unravel.

That split ran through the week’s biggest names. SpaceX banked a $2.29 billion defense win, and Bitcoin holders bought weakness, while a runaway AI tab and a Las Vegas sports flop supplied the cautionary half.

MicroStrategy Reversal Cools Bitcoin Sell-Off Fears

Bitcoin trades near $73,600 after a week that tested nerves more than support. MicroStrategy, the largest corporate holder, withdrew 411.5 BTC worth about $30 million from Coinbase Prime hours after depositing it.

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