Ether Drops as Chip Stocks Fade | Bitcoin and Crypto News

Crypto markets took a hit Friday as Ether plunged 4% to $1,850, outpacing Bitcoin’s slide — a move linked to shaky Asian semiconductor stocks. Tech’s stumble is rattling crypto, reversing last week’s Bitcoin gains tied to a South Korean chip IPO. Despite strong ETF inflows led by BlackRock, Ether’s fall underscores market anxiety. On-chain data still shows no major reversal, and fear remains extreme — but trading volumes surged in June, hinting at underlying momentum. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a389e2c320866e7a