Global market volatility was again on the rise, and the Korean stock market fell sharply and the technology stock was selling synchronized impact risk assets. The encryption market failed, with Bitcoin falling to about $6.24 million, SOL falling by 7 per cent a day, and the market-wide multi-bulking over $600 million within 24 hours.

Korea's stock market crash triggered a chain reaction.

This round has spread from the Korean market. Korea ' s combined stock price index, KOSPI, fell by 9.99 per cent on Tuesday, reporting 8203.84 points, making it the second largest single-day fall this year. The most visible weighting pressure was the drop of over 12 per cent in Samsung electrons and SK Hercules.

Owing to the high weight of the two companies in the index, the pressure on the market was rapidly amplified by the fall in the chip stock concentration. It was reported that such fluctuations could also force some investors to reduce their prices in other markets in order to meet the demand for additional bonds.

U.S.S.S.S.S.S.S.P.S.

In addition to the South Korean market, the sale of technology shares has been a drag on America's performance. It was reported that the market value of the Standard 500 index had evaporated about $1.4 trillion. At the same time, there was a fall in precious metals, with a drop in gold prices of $400,000 and a drop in silver prices of $60.

The article also mentions that the Federal Reserve Chairman Kevin Warsh maintained interest rates between 3.5 per cent and 3.75 per cent for the fourth consecutive time at his first FOMC meeting. At the same time, the market is concerned about the Fed ' s position on forward guidance and whether interest-rate expectations still exist during the year.

Bitcoin is back in the vicinity of $6.24 million.

Against the backdrop of declining risk preferences, Bitcoin fell to about $6.24 million on Tuesday, falling more than 3 per cent in the daytime and about 5 per cent on the weekline. Bitcoin ' s weakness also drives other encrypted assets down and triggers a chain of liquidation.

  • The encryption market has over $600 million.
  • SOL is down 7% a day.
  • Bitcoin once returned to about $6.24 million.

The recovery of encrypted assets was slow after the traditional market rebounded

Encrypted assets are less resilient than some traditional markets. Reports indicate that KOSPI has rebounded from a low level of about 4 per cent and that the KOSPI index and the NASDAQ index have been rising for the past 24 hours, but the restoration of the encryption market is lagging behind.

The article also mentioned that the market's concerns about Strategy and its related securities were still silencing. Before the company announced a new round of bitcoin purchases, the MSTR stock price fell to 103.52 dollars on Tuesday, a low point since August 2024. At the same time, it was reported that STRC prices were below the nominal value of about 12 per cent, and some market participants were concerned that this might exacerbate concerns about their debt and the holding of bitcoin.

The easing of the situation in the Middle East is partly underpinning

On the energy market, as negotiations between the United States and Iran advanced, the pressure on the transportation of crude oil in the Straits of Hormuz eased and oil prices fell back to pre-closure levels. Supply chain tensions have thus cooled, and concerns about the energy crisis have diminished.

Next, the market will focus on the latest quarterly financial statements. The continuation of the backbone of the chip industry and AI trading may continue to influence the performance of the technology unit and indirectly channel the risk preferences to the encrypted market.