Bitcoin traded near $64,250 on Wednesday, up marginally on the day and 1% over seven days, as a global rout in semiconductor stocks had little immediate impact on major cryptocurrencies. Solana was the strongest large token, rising 2% to nearly $77 and almost 1% on the week, while Ether added 1% to just over $1,900 and led weekly gains among the biggest tokens at 1.5%. XRP recovered almost 1% to just under $1 but remained down 2% over the past week. Tron and dogecoin each rose about 0.5%, to 33 cents and 7 cents respectively. BNB was one of the few laggards, easing marginally to just above $600 and showing a 2% weekly decline, while Hyperliquid's HYPE fell more than 1% to just over $58 but still posted the strongest seven-day performance among majors at 7%. The divergence came as equity markets, especially chipmakers, reeled from rising long-dated bond yields. Samsung Electronics and SK Hynix both dropped more than 7% in Seoul, pulling Korea's Kospi down more than 6% and MSCI's Asia Pacific index down 2%. An Asian semiconductor gauge lost more than 3%, extending pressure after the Philadelphia Semiconductor Index fell 5% on Tuesday in its worst session since late July. Futures signaled further weakness in Europe and the United States. The move was tied to a global bond selloff that lifted 30-year U.S. Treasury yields to their highest since 2007 and pushed 10-year yields close to levels last seen in early 2025, increasing financing pressure for companies investing heavily in AI infrastructure. U.S. Treasuries steadied somewhat on Wednesday, with the 10-year yield easing about one basis point to 4.69%. Gold, a traditional haven asset, rose as much as 0.6% above $4,360 an ounce after dropping almost 2% a day earlier. Investors were also watching the release of minutes from the Federal Reserve's July meeting at 2 p.m. ET and remarks next week from Chairman Kevin Warsh at the Jackson Hole symposium. A Reuters survey showed 94 of 104 economists expect rates to remain at 3.50% to 3.75% in September, while market pricing implied about a 68% chance of no change.