Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto
CoinDesk·
60-second summary
Bitcoin is currently trading at $62,600 after a volatile Monday, as investors in South Korea flee a stocks rout for crypto, with volumes soaring due to a KOSPI index meltdown. Meanwhile, Donald Trump's threat of more Iran strikes and gold's continued slide are contributing to a shift in investor sentiment towards cryptocurrencies, potentially benefiting the market.
Bitcoin consolidated after Monday's selloff as Donald Trump threatened more Iran strikes, gold extended its slide and a KOSPI index meltdown sent South Korean crypto volumes soaring.