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Bitcoin Drops Below $77,000 as Tech Stock Sell-Off Hits Crypto Market
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Bitcoin Drops Below $77,000 as Tech Stock Sell-Off Hits Crypto Market

Key Highlights: Bitcoin fell roughly 2%, slipping below $77,000 and erasing all gains achieved during the prior day’s recovery attempt. Global equity weakness spilled over from the United States into Asia, with South Korea’s KOSPI index plunging over 3% amid broad tech and semiconductor sell-offs. Major altcoins faced sharp downward momentum, led by Zcash (ZEC) ...

Bitcoin, Kospi and Nasdaq Futures Rally as China’s GDP Beats Estimates
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Bitcoin, Kospi and Nasdaq Futures Rally as China’s GDP Beats Estimates

Key Highlights: Global equities and crypto markets advanced on Monday, buoyed by stronger-than-expected economic growth figures from China and softening crude oil prices. Bitcoin traded near $82,500, while Nasdaq futures climbed over 1%, recovering from a prior-week slump triggered by declines in artificial intelligence stocks. China’s National Bureau of Statistics reported a 4.5% year-on-year GDP ...

Bitcoin Diverges from South Korean Stocks as AI Concerns Fuel Kospi Selloff
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Bitcoin Diverges from South Korean Stocks as AI Concerns Fuel Kospi Selloff

Key Highlights: South Korea’s KOSPI tumbled 5.5% on Tuesday, widening its decline to roughly 38% below its all-time high set in June. Bitcoin and the benchmark KOSPI index exhibit a 20-day rolling correlation of -0.41, with the cryptocurrency rallying to $87,000 as equity investors pull back from tech holdings. Major semiconductor stocks suffered steep losses, ...