KOSPI Plunges Nearly 10% as Bitcoin Falls Below $63,000

The KOSPI closed down 9.99% at 8,203.84 after a market-wide trading halt hit South Korean equities. Bitcoin fell as much as $1,500 within several hours and slipped below $63,000. Financial Supervisory Service Governor Lee Chan-jin reportedly said the regulator acted too quickly when it allowed leveraged ETFs tied to Samsung and SK Hynix. CoinGlass data showed about $714 million in crypto liquidations over 24 hours.
BTC-3.74%
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