Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink

60-second summary

Bitcoin is rebounding to nearly $60,000, experiencing a relief bounce as Asian stocks decline following sharp losses on Wall Street. The Kospi and Nikkei indices are sinking, with the Kospi down 1.5% and the Nikkei 0.8% lower. This market shift indicates a potential shift in investor sentiment, with cryptocurrency prices stabilizing amidst global economic uncertainty.