Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off
Summary
Bitcoin traded near $83,800 during the US session, still facing order-book resistance around $84,000. US stocks edged higher despite a sharp two-day decline in South Korea’s KOSPI, driven by semiconductor losses and concerns about AI spending and competition from China. Market commentary pointed to volatile bond yields and a stronger dollar as pressures on risk appetite. The dollar index reached 102.57, its highest level since April 2025, while a CryptoQuant contributor said tighter liquidity and weaker institutional confidence could weigh on Bitcoin.
