Bitcoin, Ether Rebound After Dip as South Korean Stocks Slide on AI Concerns
Key Highlights South Korea’s equity benchmark plunged 5.5%, dragged down by steep drops in Samsung Electronics and SK Hynix amid AI market skepticism and memory-chip competition fears. Crypto derivatives endured a massive deleveraging event, with liquidations surging 284% to $813 million as 24-hour futures volume hit $212 billion. Bitcoin oscillated sharply between $81,000 and $84,000 ...