Bitcoin Regains $83,000 as Korean Chip Stocks Slide
Bitcoin recovered from an early decline, moving above $83,000 while Korean chip shares and Nasdaq futures fell ahead of Thursday’s U.S. inflation report.
Bitcoin reversed an early dip to trade above $83,000, diverging from losses in Korean semiconductor shares and Nasdaq futures.
The rebound contrasted with a sharp sell-off in Korean chip stocks, while futures tied to the Nasdaq also showed weakness.
The moves came ahead of Thursday’s U.S. Consumer Price Index report, with bitcoin’s recovery marking a short-term divergence from those equity markets.
Source: CoinDesk
