Live updates: Bitcoin holds firm above $64,000 as South Korea’s Kospi sinks 5.8%
Bitcoin remains stable above $64,000 while South Korea's Kospi index experienced a significant 5.8% decline. In response to market volatility and cooling AI hardware demand, chipmaker SK Hynix announced a $29 billion share buyback to stabilize investor confidence.
Why it matters
The sharp decline in the South Korean market highlights ongoing global investor anxiety regarding the sustainability of the AI hardware boom and its ripple effects on broader financial markets.
live Updated 9 minutes ago Live updates: Bitcoin holds firm above $64,000 as South Korea’s Kospi sinks 5.8% U.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000.
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