PANews
PANews|10月 13, 2026 11:11
[Market Watch: Korean Stocks Plunge Due to AI Concerns, Bitcoin Rebounds Above $83,000 After Dropping Below $81,000] According to CoinDesk, the crypto market experienced significant volatility due to weakened risk sentiment in Asian stock markets and concerns over AI investments. The Korea Composite Stock Price Index fell 5.5% on Tuesday, retreating approximately 38% from the record high set in June. Samsung Electronics and SK Hynix dropped around 7% and 10%, respectively. Bitcoin (BTC) briefly fell below $81,000 before rebounding above $84,000, eventually settling near $83,000. Ethereum (ETH) dropped to a low of around $2,400 before partially recovering. The market downturn was primarily driven by concerns in the AI sector.
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