Macro· ★★★★· bearish·

KOSPI Crashes Below 6000, Bitcoin at $81K as Analysts See Buying Opportunity

  • —KOSPI drops 6.17% to 5,990.63 as foreigners sell 1.72 trillion won in stocks
  • —Bitcoin trades near $81,000, down more than 2% in 24 hours
  • —$1.18 billion in positions liquidated on October 8, with $1.05 billion in longs
  • —Spot BTC ETFs saw $678.9 million in net outflows from October 5 to 9
Why it matters: The Korean market selloff raises the risk of broader risk-asset liquidation, but deleveraging reduces downside pressure; the key trigger is US CPI on October 14.
#BTC
Source: Blockmedia
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