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

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

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

Bitcoin fell to $80.1K as a sell-off in Korean tech stocks spilled over into crypto markets. The KOSPI index dropped 7.5% on Thursday, closing at its lowest level since April, with the weakness spreading to risk assets including Bitcoin. Traders are watching whether the correlation with equity markets persists, as continued weakness in Asian stocks could pressure BTC further.

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