Crypto Majors Steady as Chip Stock Volatility Eases on Samsung’s Earnings Surprise

Major cryptocurrencies traded largely flat Today as the semiconductor sell off that had pressured markets for two weeks showed its first signs of stabilizing, following an unexpected earnings surprise from Samsung.

Prices Hold Steady Amid Modest Volume

Bitcoin traded near $63,900 while ether held around $1,900, both little changed on the day. XRP sat at $1.06, solana traded near $73, while Hyperliquid’s HYPE slipped slightly to $53. Trading volumes remained relatively modest across major tokens.

Samsung’s Profit Surge Fails to Move Markets Much

Samsung reported chip profit rising more than 250-fold due to ongoing AI memory shortages, yet its stock only gained around 2%, highlighting how elevated investor expectations have become.

Mixed Signals From US Tech Earnings

Overnight, Microsoft shares jumped nearly 9% in extended trading on strong cloud growth, while Meta fell 8% following a weaker than expected revenue outlook. Nasdaq 100 futures rose after the index entered a technical correction the previous session.