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Bitcoin climbs above $83,000, decoupling from falling South Korean stocks and Nasdaq futures.
Bitcoin recovered above $83,000 in early trading after dipping to just under $81,000. This rally decoupled from the sharp decline in South Korean chip stocks, with Samsung Electronics and SK Hynix both falling by approximately 8%, and the weak performance of Nasdaq futures. Investors are now focused on the upcoming U.S. Consumer Price Index (CPI) report, due on Thursday.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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