Bitcoin hits $84K resistance as Korean tech rout deepens KOSPI losses
BTC when published $83,486Now $80,577 ▼ −3.48% since it was published
Bitcoin’s liquidity kept BTC price below $84,000 amid a mounting South Korean tech and semiconductor stock sell-off. Bitcoin (BTC) rebounded toward $84,000 on Tuesday as crypto markets skirted fresh losses for South Korean stock markets. Data from TradingView showed BTC/USD up more than 2.5% on Tuesday, reaching $83,944 on Bitstamp to retrace Monday’s drop. The gains came as a fresh tech sell-off gathered pace on South Korea’s KOSPI Composite Index, which extended its losses for the week to 7.4%. The index fell below its 200-day moving average for the first time since late July.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
