
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
- —Bitcoin fell 0.5% to about $81,400
- —South Korea's Kospi dropped 3.7% on AI investment concerns
- —Spot BTC ETF inflow was the largest in nearly a month
- —Options traders are adding downside hedges
Why it matters: Crypto's link to Asian tech stocks is tightening, and a chip-led selloff could keep bitcoin pinned below $82,000.
Source: CoinDesk
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