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Bitcoin and Crypto Stocks Hit by AI Sector Sell-Off, Wintermute Trader Says Market Resilience Emerging
Bitcoin and crypto-related equities were hit by spillover from the sell-off in the AI sector, rapidly erasing their post-election gains and triggering a billion-dollar liquidation wave across the crypto market. However, Wintermute traders believe the market's performance remains relatively resilient.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Samsung Electronics fell 5.85% from its previous close, currently trading at ₩205,250.
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SK Hynix fell 7.81% from its previous close, currently trading at ₩1,287,000.
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South Korea's KOSPI index fell 4% from the previous close, currently trading at 5,456.25
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