# Bitcoin defies $800 million crypto wipeout as South Korea’s AI stocks plunge

https://mins.news/en/item/98598

- CryptoSlate, 2026-10-13 19:30 UTC
- Economy
- Original: https://cryptoslate.com/bitcoin-defies-800-million-crypto-wipeout-as-south-koreas-ai-stock-market-crashes/

> Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff and more than $800 million in crypto liquidations. South Korea’s KOSPI fell 6% after dropping as much as 7.4%; Samsung Electronics and SK Hynix lost 7.39% and 10.09%, respectively. Foreign investors sold about 4.5 trillion won of Korean equities.

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