Bitcoin Holds $75,000 as South Korea's KOSPI Halts After 8% Crash
Key Facts
Bitcoin consolidated around the $75,000 level despite sharp volatility across Asian equity markets. Cointelegraph reported that South Korea's KOSPI index triggered a trading halt after an 8% plunge driven by regulatory fears surrounding the artificial intelligence sector.
This market disruption follows recent economic data from South Korea, where the annual inflation rate was reported at 2.8% on November 2, 2026, and the Manufacturing PMI stood at 51.3 on the same date. While tech-heavy Asian indices faced systemic shocks, Bitcoin maintained its price levels, acting as a relative haven during the regional sell-off.
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Update: The AI-led selloff triggered over $1 billion in liquidations across the market. Bitcoin subsequently stabilized at $75,200 on November 6, 2026, after the market absorbed the impact of these extensive liquidations.