Same window, same move: since Seoul's Wednesday close, $BTC -3.1% and Nasdaq-100 futures -3.1%.
The real damage is Korean memory: SK hynix -11.3%, Samsung -9.7%, KOSPI and KOSDAQ -8% into a level-1 circuit breaker.
Why it matters: this reads as a rates + AI-capex repricing after a hot CPI, not a crypto-native unwind. $BTC is trading as Nasdaq beta; $ETH (-5.7%) is the levered leg.
The real damage is Korean memory: SK hynix -11.3%, Samsung -9.7%, KOSPI and KOSDAQ -8% into a level-1 circuit breaker.
Why it matters: this reads as a rates + AI-capex repricing after a hot CPI, not a crypto-native unwind. $BTC is trading as Nasdaq beta; $ETH (-5.7%) is the levered leg.