Crypto lags tech rebound as AI stocks bounce; bitcoin near $63,300

Crypto markets lagged a rebound in tech and AI-linked equities, with risk appetite returning to semiconductors but not digital assets. MSCI’s Asia Pacific gauge rose 2.5%, South Korea’s Kospi climbed as much as 8% with SK Hynix up 11%, and the Nasdaq 100 added 1.6% as a semiconductor gauge gained more than 5%, according to CoinDesk. Bitcoin traded near $63,300, up about 0.8% in 24 hours, and ether near $1,691, up 1.8%; BNB and Solana led majors at roughly 2.3%. On the week, bitcoin was off 10.8% and ether down 16%.