Crypto markets barely registered one of the sharpest equity rallies of the year on Friday, with bitcoin holding near $64,300 while South Korean stocks staged a record rebound from the selloff that dominated the past two weeks.
The majors were close to unchanged. Ether traded at $1,907, XRP at $1.08, solana at $74 and dogecoin at $0.07, with roughly $27 billion changing hands in bitcoin and $7 billion in ether. BNB was the exception, up 3% on the day to $590 and the only major holding a meaningful weekly gain. Bitcoin spiked to $65,300 in early Asian hours before giving it back within an hour.
The weekly picture stays soft. Hyperliquid’s HYPE is down 5% over seven sessions, solana and XRP are each off 3%, and bitcoin has lost 2%. Ether and dogecoin are up 1%.
Equities went the other way, hard. The Kospi surged as much as 17%, rebounding from a three-day rout that had taken the index more than 40% below its June peak. Samsung and SK Hynix both jumped more than 23%, and Taiwan Semiconductor rose 10%, making chipmakers the biggest contributors to a broad Asian advance.