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South Korea’s KOSPI Crashes 6.5% Today – AI Crypto Down 10% 

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A downward-trending red market graph displaying the flags of South Korea and the United States.

The post South Korea’s KOSPI Crashes 6.5% Today – AI Crypto Down 10%  appeared first on Coinpedia Fintech News

South Korea’s KOSPI index crashed 6.5% on 13 October, falling to around 6,002 as investors sold semiconductor stocks. The drop followed Chinese chipmaker CXMT’s announcement of a new memory chip design, raising fears of stronger competition for South Korean giants like Samsung Electronics and SK Hynix. This drop has also impacted AI-related tokens such as …

1h ago•
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bearish:

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