Bitcoin Holds Near $95,000 as AI-Led Chip Rally Supports Asian Equity Markets
Bitcoin traded around $95,000 on Friday while broader crypto prices eased modestly, as investors focused on calmer macro conditions. Asian equities climbed toward record levels on renewed enthusiasm for AI-related chip stocks following strong results from Taiwan Semiconductor Manufacturing Co and a new US-Taiwan trade deal that supports tech supply chains. Wall Street gains in technology and financial shares, along with shifting expectations for Federal Reserve rate cuts, helped underpin overall risk appetite across markets.