Bitcoin hits a two-week high near $65,500 as the chip trade turns back into a tailwind

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Bitcoin surges to a two-week high near $65,500 as positive market trends take hold, driven by a rebound in Asian semiconductor shares and a five-day ETF inflow streak surpassing $600 million, while oil prices pull back on renewed Middle East diplomacy efforts, fueling investor optimism and a boost to cryptocurrency markets overall.