Altcoins lead crypto declines as Asian stocks drop; bitcoin little changed since midnight
60-second summary
Bitcoin slips just above $80,000 as South Korea’s Kospi tumbles 8%, prompting broader crypto weakness; the CoinDesk 80 index drops 2.2% and only six CoinDesk 100 constituents hold gains. The sell‑off reflects correlated risk aversion between Asian equities and digital assets, suggesting further pressure on altcoins and potential bearish momentum across the market.
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.