Bitcoin dips to $80.1K as KOSPI closes at its lowest since April

Read original at CoinTelegraph·

Bitcoin dips to $80.1K as KOSPI closes at its lowest since April

60-second summary

Bitcoin drops to $80.1 K after the KOSPI Index plunges 7.5%, spreading a Korean tech sell‑off into crypto markets; traders cite the sharp equity decline as a catalyst for the dip. The downward pressure highlights Bitcoin’s sensitivity to Asian equity movements, suggesting further volatility could persist if regional markets remain weak.

Bitcoin price action continued to see contagion from a Korean tech sell-off after the KOSPI Index fell 7.5% on Thursday.