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Stock markets in Japan and South Korea closed lower, with South Korean stocks falling more than 5%
Svmuu News: According to Gate data, the Nikkei 225 Index closed down 1,437.91 points, or 2.11%, at 66,819.05 on Wednesday, July 8. South Korea’s KOSPI index closed down 409.53 points, or 5.35%, at 7,246.78 on Wednesday, July 8, The index briefly triggered a “temporary trading halt” mechanism during the session and has now fallen about 20% from its June high, approaching a technical bear market.
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24H Trending
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1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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3
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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4
ETH inter-exchange spread reaches 1.11%
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5
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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7
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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