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Bitcoin holds $75K as AI regulation fears see KOSPI halted after 8% crash

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Bitcoin holds $75K as AI regulation fears see KOSPI halted after 8% crash

Bitcoin consolidated as fears over US AI regulation spread to Asia, causing South Korea to announce measures to calm stock-market volatility.

Bitcoin (BTC) held above $75,000 on Friday as a sell-off in US technology stocks spread to Asian markets.

Key points:

Data from TradingView showed BTC/USD trading near its 50-week simple moving average (SMA), at $75,733. 

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