News · Cointelegraph

Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off

Bitcoin approached $84,000 at the start of Tuesday's U.S. session, still up about 2%, even as South Korea's KOSPI index closed down 5.4% in a tech-stock rout driven by fears over AI spending and competition from China. U.S. stocks avoided a copycat sell-off, with the S&P 500 and Nasdaq Composite recovering from an early dip and trading down less than 0.5% at writing. CryptoQuant warned that the U.S. dollar index (DXY) has risen 5.5% since September 9 to 102.57, its highest since April 2025, while bond yields near their highest in nearly a quarter century are weighing on risk appetite. According to CoinGlass, order-book liquidity continues to act as resistance above $84,000.

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Related tickers and likely impact

BTC/USDT

• Neutral

Bitcoin

Relevance: low

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.7T
Close on 10/12/202681,850.00
Change that session-2.30%
BTC/USDT price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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