BTC Slides 5% as Seoul KOSPI Circuit-Breaker Halts Trading
The ₩500T Korean wipeout and a circuit-breaker halt mark the 9th this year, with BTC tracking the risk-off move and global traders now watching the contagion path.
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The ₩500T Korean wipeout and a circuit-breaker halt mark the 9th this year, with BTC tracking the risk-off move and global traders now watching the contagion path.
South Korea's eighth trading halt of 2026, an 8% KOSPI drop led by semis, dragged Bitcoin under $64K for the third time this week and put roughly $100M of leveraged crypto positions into the bid in a…
The circuit breaker at KOSPI is the headline; SK Hynix's 15% drop, the worst single-day loss in years, is the real story for global chip and AI-exposed equities.
The Asia session is doing the work: Kospi's 8% rout and a circuit breaker hit while crypto is still digesting last week's macro shock, dragging BTC through a key psychological level.
Seoul's benchmark gapped 8% lower before trading was suspended, the steepest single-session halt since 2020 and a fresh signal that Asian risk-off is accelerating.
South Korea's KOSPI index plunged 8.4% on Monday, forcing exchange operators to halt trading after an automatic circuit…