Bitcoin Stays Above $80,000 as Kospi Slump Weighs on Crypto
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin slipped to just above $80,000 as South Korea’s Kospi dropped 8% and most assets in the CoinDesk 100 lost ground.
Bitcoin retreated but remained above $80,000 amid a sharp sell-off in Asian equities, according to CoinDesk.
South Korea’s Kospi index dropped 8%, providing a backdrop of weakness in stock markets as altcoins also moved lower.
The CoinDesk 80 index declined 2.2%. Losses extended across most of the CoinDesk 100, with only six constituents avoiding declines.
Source: CoinDesk
