Ether and XRP Hold Steady as Asian Chip Stocks Stabilize

Major cryptocurrencies showed little price movement as selling pressure in Asia's semiconductor sector began to ease. Ether and XRP were largely flat during the period, offering no significant gains or losses. Samsung's reported 250-fold surge in profits helped calm broader market nerves around chip stocks. Despite the brief stabilization, most major crypto assets remained in negative territory on a weekly basis. Hyperliquid's HYPE token was among the harder-hit assets, declining approximately 8% over the week.