South Korea’s KOSPI opened down 1%, with SK Hynix down 2.9% and Samsung Electronics down 1.24%.
Let’s look at both sides:
Bullish case: Bad news coming out means there’s less uncertainty.
Bearish case: Sentiment could be affected, and short-term funds may hold back.
My take: Both sides have a case. What really matters is which way the price and trading volume of $BTC go.
$BTC is currently at 83736.4, up 0.88% over 24 hours, with a 24-hour range of 82804.65–84199.