Bitcoin rebounds above $81,000 on Asian chip rally, while memecoin Pepe jumps 9%.
Bitcoin rose to $81,400, up about 0.8% since midnight UTC, after slipping below $80,000 on Tuesday. Ether also gained 0.9% to $2,490.55, and the CoinDesk Memecoin Index rose 1.3%.
Asian chip stocks led a rebound in AI shares, with South Korea's Kospi jumping 6.6% and SK Hynix surging roughly 11% after reporting a seven‑fold profit increase. Nasdaq‑100 futures were up 0.5%.
CME's FedWatch tool shows a roughly 92% chance the Federal Reserve will keep rates unchanged at its 18:00 UTC decision, and traders will watch Chair Kevin Warsh’s press conference. U.S. spot ETFs attracted $176 million on Tuesday, marking a second consecutive day of inflows.
Summary rewritten by AI from the original article by CoinDesk.
BTC price around the news
Dashed line: news time ($81,406.19) Now: $80,722.16 -0.84%
Related coins
BTCBitcoin
$80,722.20
+0.39% 24h
-0.84% since the news
Set a price alert
PEPEPepe
$0.054881
+12.05% 24h
Set a price alert
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Summary and rating written automatically by the AI of CoinXview from the original article; it may be incomplete or wrong — read the original for details. Not investment advice.