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Live updates: Market jitters persist as the AI selloff deepens

South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.

Live updates: Market jitters persist as the AI selloff deepens
CoinDesk
AI summary

A deepening AI-related selloff is spilling into crypto-market risk sentiment, with South Korea's KOSPI dropping nearly 4% and data centre company Elice tumbling roughly 30% in one of the country's weakest IPO debuts. The moves signal broad risk-off pressure across tech-linked equities, which traders often read as a headwind for crypto and other speculative assets. No specific digital assets are named in the report.

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