Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
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Bitcoin held relatively firm despite roughly $800 million in crypto liquidations, while South Korean AI-related stocks suffered a sharp selloff. The divergence suggests Bitcoin was more resilient than riskier crypto positions and the AI equity trade, though it does not establish that Bitcoin is insulated from broader risk-off pressure. The episode highlights the importance of distinguishing Bitcoin’s price action from wider crypto-market losses.
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