Bitcoin climbed to $65,500 Tuesday, a two-week high, because Asian semiconductor stocks bounced back. That’s it. That’s the whole move. Crypto rallied because chips rallied. When chips sell off, crypto sells off. It’s become that mechanical. Ethereum jumped to $1,922, up 8% on the week. XRP added another 3% to $1.13. Solana did 2% to $78. BNB held flat. The entire move came from Samsung and Taiwan Semiconductor leading Asian equities higher. MSCI’s Asia Pacific gauge popped 2%, first gain in four days. South Korea and Taiwan benchmarks each rose 4%. The only thing that matters underneath is five straight days of spot ... (full story)