#KOSPIFalls3.53%BackBelow6000
📉 KOSPI Drops About 3.5%, Back Below 6,000
📊 Korea's KOSPI closed at 5,730.74 on Friday, down 206.92 points (3.48% on the official close)
⚠️ It hit 5,599 intraday, and a sell-side sidecar paused program selling for five minutes
💾 SK hynix fell about 7% and Samsung Electronics about 3%
🌍 Foreign investors net sold more than ₩1.5T of KOSPI shares, ending a three-day buying streak
🇺🇸 The trigger was Alphabet's 12.6% drop in New York, as AI spending fears hit chip suppliers
🇯🇵 Japan's Nikkei 225 fell 2.1%, and KOSPI ends October down 16.2%
What it means for crypto: AI-capex worries are hitting risk assets across Asia, and Bitcoin is already under pressure. Crypto may keep trading with tech sentiment until big-tech spending fears ease.
Do you watch Asian stock markets when trading crypto? 👇
$BTC
#CryptoNews #KOSPI #Stocks #KOSPIFalls3.53%BackBelow6000
📉 KOSPI Drops About 3.5%, Back Below 6,000
📊 Korea's KOSPI closed at 5,730.74 on Friday, down 206.92 points (3.48% on the official close)
⚠️ It hit 5,599 intraday, and a sell-side sidecar paused program selling for five minutes
💾 SK hynix fell about 7% and Samsung Electronics about 3%
🌍 Foreign investors net sold more than ₩1.5T of KOSPI shares, ending a three-day buying streak
🇺🇸 The trigger was Alphabet's 12.6% drop in New York, as AI spending fears hit chip suppliers
🇯🇵 Japan's Nikkei 225 fell 2.1%, and KOSPI ends October down 16.2%
What it means for crypto: AI-capex worries are hitting risk assets across Asia, and Bitcoin is already under pressure. Crypto may keep trading with tech sentiment until big-tech spending fears ease.
Do you watch Asian stock markets when trading crypto? 👇
$BTC
#CryptoNews #KOSPI #Stocks #KOSPIFalls3.53%BackBelow6000
