Bitcoin Holds Steady Amid Tech Sell-Off and $100B SpaceX Share Unlock
The South Korean Kospi plummeted 4.4% on Thursday, its worst single-day performance in months, amidst growing doubts about near-term AI spending and valuations.
A $101 billion liquidity event is also unfolding as SpaceX secondary shares become freely tradable, potentially triggering a wave of selling among early employees and venture investors.
Barely moved by these events, Bitcoin traded steadily above $64,000, its price holding firm despite the tech sell-off.