CoinDesk·3 min read·medium

Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched

S
Shaurya Malwa
Bitcoin rises toward $64,000 as Korea's record chip crash leaves crypto untouched
AI Summary

Bitcoin is showing resilience as it decouples from the recent sharp decline in Asian chipmaker stocks and broader tech equities. While crypto previously tracked tech stock performance, recent market behavior suggests a potential shift in this correlation.

The majors moved with it. Ether rose 1% to $1,899, XRP added 2% to $1.07, BNB gained to $567, solana held at $73, and dogecoin edged up. Hyperliquid’s HYPE was the only major in the red, down 3% to $54.

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