Bitcoin rose 1% to approximately $63,800 on Wednesday, while Asian equity markets, particularly South Korean chipmakers, experienced significant declines. SK Hynix fell 17% after its quarterly profit, despite a 557% surge, missed expectations, contributing to an 11% drop in South Korea's benchmark index. This marks the second time in a week that crypto assets have held steady or risen amidst a sharp sell-off in AI-related tech stocks, suggesting a potential decoupling from a correlation that defined much of July. The Federal Reserve is also set to announce its rate decision later today.