South Korean chip stocks plunge—will crypto come under pressure?
- Samsung Electronics fell 7.29%, SK Hynix fell 8.35%, and the KOSPI dropped 6.05%, triggering a sell-side Sidecar.
- ChangXin Memory Technologies made an architectural breakthrough, while foreign investors net sold more than $6 billion in South Korean stocks in October.
Selling in South Korean stocks is weighing on risk appetite, and crypto could easily follow suit in the short term. Would you dare place orders to go long at current prices?
$BTC $ETH $SOL
- Samsung Electronics fell 7.29%, SK Hynix fell 8.35%, and the KOSPI dropped 6.05%, triggering a sell-side Sidecar.
- ChangXin Memory Technologies made an architectural breakthrough, while foreign investors net sold more than $6 billion in South Korean stocks in October.
Selling in South Korean stocks is weighing on risk appetite, and crypto could easily follow suit in the short term. Would you dare place orders to go long at current prices?
$BTC $ETH $SOL