Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off
Bitcoin (BTC) continued to target $84,000 at Tuesday‘s Wall Street open as US stocks attempted to shake off South Korea’s latest tech rout. Key points:Bitcoin approached $84,000 once more at the start of US trading on Tuesday, still up by around 2%.US equities avoided a copycat sell-off after Koreas KOSPI index finished the day down 5.4%.Analysis from CryptoQuant warned of increasing US dollar strength challenging BTC price upside as DXY hit its highest level in 18 months. S&P 500, Nasdaq brush off KOSPI losses Data from TradingView showed BTC/USD returning to near $83,800 at the start of the US trading session, preserving much of its overnight upside. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Equities opened lower on the day after futures fell during Asia trading after Koreas KOSPI Composite Index shed 7.4% over two days. Semiconductors led the losses amid mounting fears over AI expenditures and competition from China. Both the S&P 500 index and the tech-heavy Nasdaq Composite index made early gains to briefly turn green on the day, however, both gauges were off less than 0.5% at the time of writing. Nasdaq Composite Index one-day chart. Source: Cointelegraph/TradingView “The most important development has been not just bond yields going up, but the volatility for bonds... and thats









