Bitcoin fell back below the $81,000 level with a decline of approximately 4% over 24 hours amid mounting tensions on Asian markets. This drop triggered $971.8 million in liquidations across the crypto market, including $203 million on BTC and $292.7 million on ETH, affecting 182,461 traders. South Korea’s Kospi index dropped 8.6% in a single session, down nearly 20% over the week, while Samsung Electronics and SK Hynix lost 10% and 6% respectively. This weakness is partly attributed to advances made by Chinese chipmaker ChangXin Memory Technologies (CXMT).
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
