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Bitcoin

Bitcoin Claws Back $2,500 Overnight After a $771 Million Crypto Liquidation Wave

Image: Unchained

Bitcoin traded near $83,700 early Tuesday, up from a low of about $81,200 at 00:50 UTC, CoinGecko prices show . The recovery came while a chipmaker-led selloff pushed South Korean stocks sharply lower. South Korea’s benchmark KOSPI briefly dropped below 6,000 on Tuesday and was down more than 7% at its intraday low. The slide set off a sell-side trading curb on the Korea Exchange for the first time in nearly two months, and the index finished the session 5.5% lower , according to KED Global .

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