Bitcoin and major cryptocurrencies held largely unchanged near $64,300 on Friday, unmoved by one of the sharpest equity rallies of the year as South Korean stocks staged a record rebound from a bruising two-week selloff.

Bitcoin moved a fraction of a percent over the past 24 hours. It briefly spiked to $65,300 during early Asian trading before retreating within the hour. Most major tokens remain lower for the week.

Among the majors, ether traded at $1,907, XRP at $1.08, solana at $74, and dogecoin at $0.07. Roughly $27 billion changed hands in bitcoin and $7 billion in ether. BNB was the standout, gaining 3% on the day to $590 — the only major token holding a meaningful weekly advance.

On a seven-day basis, the picture remains soft. Hyperliquid's HYPE token is down 5%, solana and XRP are each off 3%, and bitcoin has lost 2%. Ether and dogecoin are each up 1%.

Global equities moved sharply in the opposite direction. South Korea's Kospi surged as much as 17%, rebounding from a three-day rout that had pushed the index more than 40% below its June peak. A single-day move of that magnitude is extraordinary for a G20 national benchmark, reflecting the severity of the preceding panic as much as the strength of the recovery. Samsung and SK Hynix both jumped more than 23%, while Taiwan Semiconductor rose 10%, making chipmakers the biggest contributors to a broad regional advance.

The rally followed the largest one-day gain in U.S. chip stocks in over a year, with the Nasdaq 100 snapping a six-day losing streak. Amazon climbed nearly 10% in after-hours trading on strong cloud earnings, while Apple fell 6% after supply shortages hit its sales forecast.

Bitcoin had tracked semiconductor shares closely through July, rising and falling with the chip trade. It weathered last Thursday's $797 billion drop in U.S. megacap technology and Korea's record two-day crash midweek, yet it also sat out the subsequent rebound. The divergence suggests the correlation that defined much of the summer may be loosening as crypto markets look to their own catalysts rather than mirroring broader risk appetite.

A significant security breach in bitcoin wallets likewise left no visible mark on prices. Approximately 594 bitcoin, worth roughly $38 million, was drained from around 500 wallets on Thursday through a flaw in Coldcard hardware wallet key generation. At less than two-tenths of a percent of the day's reported bitcoin trading volume, the exploit's scale was too small to register on price action.

In traditional markets, the Japanese yen weakened, giving back part of Thursday's gain — its largest single-day advance against the dollar in more than two years — which followed another round of intervention by Japanese authorities. The currency extended losses after the Bank of Japan left interest rates unchanged, as economists had widely expected. The BOJ's ultralow policy stance remains a key variable for global carry trades and cross-asset risk positioning. Treasuries rose alongside the dollar, and oil continued its decline.