Bitcoin climbs near $64,000 amid chip rally and yen strength

Bitcoin has risen approximately 4.2% over the past seven days, approaching the $64,000 mark. The gains came despite a turbulent week that included an oil price shock and a significant bond market selloff. A rally in chip stocks and a strengthening Japanese yen were cited as key drivers behind the cryptocurrency's upward movement. The price increase also occurred against the backdrop of two separate rounds of U.S. military strikes on Iran.
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