Asian markets crash: KOSPI drops 7.4%, bitcoin holds up better
- —KOSPI fell 7.4% to 5,914 points, the lowest since late July
- —Samsung Electronics lost 7.7%, SK Hynix dropped 8.8%
- —Japan's Nikkei fell 2.5%, SoftBank slid 8%
- —Bitcoin recovered as Asian tech stocks sold off
Why it matters: The Asian tech selloff and high oil prices raise risks for crypto ahead of Wednesday's US CPI print.
Source: Crypto Insiders