Solana Outpaces Bitcoin and Ether as Korean Chip Stocks Drop 7%

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Bitcoin remained steady near $64,000 on Wednesday, with most major cryptocurrencies posting gains except BNB. Solana led the rally, outperforming both Bitcoin and Ether during the session. Meanwhile, South Korean semiconductor stocks fell sharply by more than 7%, signaling pressure in the tech hardware sector. Market participants were also awaiting the release of Federal Reserve meeting minutes, scheduled for 2 p.m. ET, which could offer further direction on monetary policy.

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