2
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 Korea’s 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 Korea’s KOSPI Composite Index shed 7.4% over two days. Semiconductors led the losses amid mounting fears over AI expenditures and competition…
