Markets· ★★★★· bearish·

Bitcoin dips to $80.1K as KOSPI closes at lowest since April

  • —Bitcoin slid to $80,100 as Korean tech stocks sold off
  • —KOSPI dropped 7.5% and closed at its lowest since April
  • —The Korean market slump added pressure on crypto assets
Why it matters: Crypto's correlation with Asian equities is rising, and further KOSPI weakness could push BTC below $80,000.
Source: Cointelegraph