Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low

According to CoinDesk, Bitcoin remains steady near $66,300, reflecting a two-week high amid strong trading activity. This price momentum appears more influenced by a rally in global semiconductor stocks than any direct developments within the cryptocurrency market. Additionally, the Japanese yen has reached its lowest value in four decades, highlighting concerns over currency stability, which could support the long-term appeal of Bitcoin as a scarce asset. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.