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BTC ETH Price News: Bitcoin Holds at $64,000 as Kospi’s Record Surge Leaves Crypto Market Untouched

0 Reading time: 9 min. Сoinspot

btc eth price news has once again come down to a cautious pause: the current price of Bitcoin held around $64,300, while Ethereum traded at about $1,907. Traders typically track up-to-date quotes for these assets on platforms like Binance and Coinbase.

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Cryptocurrency Did Not Join the Stock Rally

The crypto market on Friday hardly reacted to one of the most notable surges in the stock markets this year. Bitcoin briefly climbed to $65,300 at the start of the Asian session, but within about an hour lost momentum and returned closer to previous levels.

The picture for major assets remained restrained:

  • Bitcoin: price around $64,300; turnover about $27 billion.
  • Ethereum: price around $1,907; turnover about $7 billion.
  • XRP: price around $1.08.
  • Solana: price around $74.
  • Dogecoin: price around $0.07.

At these levels, Bitcoin was about 34 times more expensive than Ethereum, and the notional ETH/BTC rate was about 0.03 BTC per one ETH.

Only BNB stood out: the token gained about 3% for the day and rose to $590. Among the largest assets, it became a rare example of a coin with a noticeable weekly gain. For traders tracking prices on platforms like Binance and Coinbase, this looked more like a targeted move than a reversal of the entire market.

Weekly Performance Remains Weak

Over seven trading sessions, the picture for cryptocurrency still looks uncertain:

  • HYPE project Hyperliquid: decline of about 5%.
  • Solana: decline of about 3%.
  • XRP: decline of about 3%.
  • Bitcoin: decline of 2%.
  • Ethereum: growth of about 1%.
  • Dogecoin: growth of about 1%.

This divergence shows that investments in digital assets remain cautious for now. Even a strong move in the stock market did not become a signal for broad buying in the blockchain sector.

How to Read ETH/BTC and What Affects Prices

The ETH/BTC pair shows how much BTC one ETH is worth. If the ETH/BTC rate rises, Ethereum looks stronger than Bitcoin; if it falls, the advantage remains with Bitcoin.

  • Supply and demand: the more active the buying and the less free supply on the market, the stronger the price support.
  • Macroeconomics: the dollar, rates, bonds, and risk appetite affect whether investors are willing to enter crypto assets.
  • Regulation and security: news about access to funds, wallets, and market rules can quickly change traders’ moods.
  • Technology and infrastructure: mining, computing power, and network development remain important benchmarks for Bitcoin and Ethereum.

For an investor, ETH/BTC is not a bet on the dollar price, but a choice between two crypto assets. The potential advantage of such a pair is that it helps compare the strength of Ethereum and Bitcoin directly. The main risk is high volatility: even with a stable dollar price, the ETH/BTC ratio can change significantly.

Where to Track Prices and How to Buy

It is convenient to check Bitcoin and Ethereum prices on trading platforms like Binance and Coinbase: there you can see quotes, turnover, charts, and trade dynamics.

  • Select a platform to buy Bitcoin or Ethereum.
  • Register an account and complete verification if required.
  • Fund your account in a convenient way.
  • Select Bitcoin or Ethereum and make a purchase.
  • After the transaction, decide whether to leave the asset on the platform or transfer it to a separate wallet.

How to Approach Bitcoin and Ethereum Forecasts

Forecasts for Bitcoin and Ethereum are usually built around demand, liquidity, regulation, mining status, network development, and the overall market situation. Estimates for 2030 are best viewed as scenarios: the further the horizon, the more the final price depends on capital inflows, infrastructure, and sentiment in risk assets.

Samsung and SK Hynix Pushed Kospi Up

The movement in the stock market was much sharper. Kospi soared 17%, recouping a three-day decline that had left the index more than 40% below its June high.

The main drivers were microchip manufacturers:

  • Samsung: growth of more than 23%.
  • SK Hynix: growth of more than 23%.
  • Taiwan Semiconductor: growth of about 10%.

In this rally, it was semiconductor sector stocks that became the center of attention, as investors link chip demand not only to cloud services but also to artificial intelligence infrastructure.

The rise in Asia continued the strong movement of American chipmakers:

  • Nasdaq 100: ended a six-day losing streak.
  • Amazon: growth of nearly 10% after the close of trading on the back of strong cloud results.
  • Apple: decline of 6% due to supply issues affecting the sales forecast.

Bitcoin Stayed on the Sidelines of the Chip Rally

In July, Bitcoin closely followed the dynamics of the semiconductor sector: its price rose and fell along with sentiment around chipmakers. But in recent days, this connection has weakened.

The cryptocurrency weathered the sell-off of the largest US tech companies totaling $797 billion last Thursday, did not collapse amid a record two-day drop in South Korea in the middle of the week, and now just as calmly missed the sharp rebound. Even topics related to mining and demand for computing power did not give the market a noticeable boost.

The sharp rebound in stocks, currency moves, and security news passed the crypto market by: Bitcoin and Ethereum remained in a narrow range and did not follow traditional assets.

Wallet Incident Did Not Affect the Price

Against the backdrop of a stable price, there was a major security episode with bitcoin wallets. About 594 bitcoins worth about $38 million were withdrawn from about 500 wallets through a vulnerability in the key generation of the Coldcard hardware wallet.

The problem affected one of the basic elements of fund protection: key generation is directly related to wallet access authentication and transaction confirmation. Nevertheless, this incident did not have a noticeable impact on the price of Bitcoin.

Yen Weakens, Oil Continues to Fall

In the currency market, the Japanese yen went down again, partially losing Thursday’s gains. At that time, the currency showed its strongest appreciation against the dollar in more than two years after another intervention by Japanese authorities.

Pressure on the yen persisted after the Bank of Japan decided to leave rates unchanged, as economists had expected. US Treasury bonds rose along with the dollar, and oil continued to decline. Against this background, Bitcoin remained more of a neutral asset of the day than a participant in the general market movement.

This is an important signal for the market: the payment system built around digital assets and the broader crypto sector are still living to their own rhythm. The stock rally, strong currency moves, and security news could not push Bitcoin and Ethereum out of their narrow range.

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