Bitcoin Surges Past $64K as Tech Stocks and Crypto Markets Rally Together

Bitcoin surged 3.5% to approach $64,000 and helped lift a broader risk-on complex as tech stocks and crypto rallied together. The week closed with Bitcoin up 4.2%, while Ether rose 2.6% to $1,760; XRP gained 2.2%, and TRON was the strongest major token with a 4.7% increase over seven days. Nasdaq climbed 1.3% and the S&P 500 rose 0.8% as the U.S. dollar weakened. Trading volume reached $28 billion over 24 hours. The move followed mid-week declines tied to escalating geopolitical concerns, including volatility after President Trump’s comments about potential expanded military operations against Iran. Observers attributed the rebound to leveraged liquidations that accelerated price moves before traders re-entered. In Asia, South Korea’s Kospi jumped 4% supported by SK Hynix’s $26.5 billion ADS pricing, while Japan’s yen firmed and yields fell.