Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
CoinDesk·
60-second summary
Bitcoin holds steady near $66,300 as semiconductor stocks surge on AI optimism, fueling a second day of gains. The yen hits a 40-year low, dropping past 163 per dollar for the first time since 1986. This rally in tech stocks and weakening yen is likely to boost investor confidence in riskier assets, potentially driving further growth in the cryptocurrency market.
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986.