Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 million. BTC recovered after briefly slipping below $81,000, while semiconductor shares continued a deepening rout that sent South Korea's benchmark KOSPI index down 6%. South Korea's AI stock collapse exposes concentrated market risks Reports noted that South Korea's […]…
Bitcoin rebounded above $83,000 on Tuesday after briefly slipping below $81,000, even as cryptocurrency liquidations exceeded $800 million. The recovery came amid a sharp Asian equity selloff, with South Korea's KOSPI index falling 6% as semiconductor shares continued a deepening rout. Traders are watching whether BTC's resilience can hold given the broad risk-off pressure from the AI stock collapse and heavy leveraged liquidations.
