6%.
That is how much the KOSPI collapsed intraday today—below 6,000, its worst level since late July. Samsung and SK Hynix each dropped 8% amid fears over AI valuations and competition from Chinese memory-chip makers.
$BTC got dragged below $81,000 in the panic.
Then it did the only thing that matters: bounced 2.7% back above $83,600 while the rout was still underway.
$ETH joined the bid off five-day lows. XRP turned higher off three-week lows. Funding was just 0.0055%/8h—no leverage panic, no forced flush. This was spot buying, not a squeeze.
Tomorrow at 8:30 ET is September CPI—consensus is 3.6–3.7% headline, up from 3.4%. Bear logic says crypto should bleed into this.
It isn't. When the market stops reacting to bad news, the bad news is already priced in.
$BTC into CPI: hold above 84.2K (today's high) and October's 87.2K high is next in line. Lose 81K and the floor test gets real.
#Bitcoin #Crypto #Macro
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6%.
That is how much the KOSPI plunged intraday today—below 6,000, its worst level since late July. Samsung and SK Hynix each fell 8% amid fears over AI valuations and competition from Chinese memory-chip makers.
Bitcoin was dragged below 81,000 in the panic.
Then it did the one thing that matters: bounced 2.7% back above 83,600 while the selloff was still underway.
ETH joined the bid off five-day lows. XRP turned higher off three-week lows. Funding was just 0.0055%/8h—no leverage panic, no forced flush. This was spot buying, not a squeeze.
Tomorrow at 19:30 WIB is September CPI—consensus is 3.6–3.7% headline, up from 3.4%. Bear logic says crypto should bleed into this.
It isn't. When the market stops reacting to bad news, the bad news is already priced in.
BTC heading into CPI: hold above 84.2K (today's high) and October's 87.2K high is the next target. Lose 81K and the floor test gets real.
That is how much the KOSPI collapsed intraday today—below 6,000, its worst level since late July. Samsung and SK Hynix each dropped 8% amid fears over AI valuations and competition from Chinese memory-chip makers.
$BTC got dragged below $81,000 in the panic.
Then it did the only thing that matters: bounced 2.7% back above $83,600 while the rout was still underway.
$ETH joined the bid off five-day lows. XRP turned higher off three-week lows. Funding was just 0.0055%/8h—no leverage panic, no forced flush. This was spot buying, not a squeeze.
Tomorrow at 8:30 ET is September CPI—consensus is 3.6–3.7% headline, up from 3.4%. Bear logic says crypto should bleed into this.
It isn't. When the market stops reacting to bad news, the bad news is already priced in.
$BTC into CPI: hold above 84.2K (today's high) and October's 87.2K high is next in line. Lose 81K and the floor test gets real.
#Bitcoin #Crypto #Macro
---
6%.
That is how much the KOSPI plunged intraday today—below 6,000, its worst level since late July. Samsung and SK Hynix each fell 8% amid fears over AI valuations and competition from Chinese memory-chip makers.
Bitcoin was dragged below 81,000 in the panic.
Then it did the one thing that matters: bounced 2.7% back above 83,600 while the selloff was still underway.
ETH joined the bid off five-day lows. XRP turned higher off three-week lows. Funding was just 0.0055%/8h—no leverage panic, no forced flush. This was spot buying, not a squeeze.
Tomorrow at 19:30 WIB is September CPI—consensus is 3.6–3.7% headline, up from 3.4%. Bear logic says crypto should bleed into this.
It isn't. When the market stops reacting to bad news, the bad news is already priced in.
BTC heading into CPI: hold above 84.2K (today's high) and October's 87.2K high is the next target. Lose 81K and the floor test gets real.