Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin fell below $81,000 early before moving back above $83,000 later in the session. The move came as Korean chip stocks and Nasdaq futures were under pressure, while one account tied the backdrop to the market’s wait for a US consumer-price release.
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Bitcoin traders and broader risk markets were in motion today, with the rebound back above $83,000 happening after an early dip. The detail that Korean chip stocks and Nasdaq futures were already under pressure means the move showed up alongside weakness in parts of Asia and U.S. tech-linked futures.
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