🚨 BREAKING NEWS: Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns
South Korea’s equity benchmark plunged 5.5% on Tuesday, leaving the index roughly 38% below its June all-time high. Crypto also saw sharp swings, with bitcoinBTC$83,696.96falling below $81,000 before rebounding above $84,000 and settling just above $83,000. EtherETH$2,492.85fell as low as $2,400.
The Asian selloff reflected mounting concerns about the AI trade. Broadcom CEO called current AI investing “casino-like”, knocking investor confidence and reported advances in memory-chip technology at China’s CXMT raised concerns of stronger competition for established chipmakers.
Samsung Electronics (005930) and SK Hynix (00060) led the declines, falling 7% and 10%, respectively.
Investors are also positioning ahead of Wednesday’s U.S. CPI report, another potential source of volatility. Headline inflation is forecast at 3.6% year over year, with core inflation at 2.5%. A headline reading in line with that forecast would mark an acceleration from the previous month’s 3.4%.
🔗 [Đọc toàn bộ bài viết tại bản gốc](https://www.coindesk.com/markets/2026/10/13/bitcoin-ether-slip-and-rebound-as-south-korean-stocks-slide-on-ai-related-concerns)
📰 Nguồn: 🪙 CoinDesk
$BTC $ETH #BinanceSquare #CryptoNews
South Korea’s equity benchmark plunged 5.5% on Tuesday, leaving the index roughly 38% below its June all-time high. Crypto also saw sharp swings, with bitcoinBTC$83,696.96falling below $81,000 before rebounding above $84,000 and settling just above $83,000. EtherETH$2,492.85fell as low as $2,400.
The Asian selloff reflected mounting concerns about the AI trade. Broadcom CEO called current AI investing “casino-like”, knocking investor confidence and reported advances in memory-chip technology at China’s CXMT raised concerns of stronger competition for established chipmakers.
Samsung Electronics (005930) and SK Hynix (00060) led the declines, falling 7% and 10%, respectively.
Investors are also positioning ahead of Wednesday’s U.S. CPI report, another potential source of volatility. Headline inflation is forecast at 3.6% year over year, with core inflation at 2.5%. A headline reading in line with that forecast would mark an acceleration from the previous month’s 3.4%.
🔗 [Đọc toàn bộ bài viết tại bản gốc](https://www.coindesk.com/markets/2026/10/13/bitcoin-ether-slip-and-rebound-as-south-korean-stocks-slide-on-ai-related-concerns)
📰 Nguồn: 🪙 CoinDesk
$BTC $ETH #BinanceSquare #CryptoNews