Bitcoin Clings to $75K as Asian Markets Lose Over $1 Trillion in a Day
A post-midterm tech selloff hit Asia on Friday, triggering a circuit breaker in Seoul and pushing Japan’s Nikkei into a bear market, while bitcoin held just above $75,000. Seoul Hits the Brakes South Korea’s benchmark KOSPI fell as much as 9% during the early hours of the day, triggering a circuit breaker that halted…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBear market
A period in which market prices fall substantially, commonly defined as a drop of 20 percent or more from a recent high.
Bear markets often signal economic worries and reduce the value of investments.
More about Bear marketMore in Finance
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