{"id":49732,"date":"2026-07-13T17:10:38","date_gmt":"2026-07-13T17:10:38","guid":{"rendered":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/"},"modified":"2026-07-13T17:10:38","modified_gmt":"2026-07-13T17:10:38","slug":"south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fr\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/","title":{"rendered":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst"},"content":{"rendered":"<p>South Korea\u2019s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%.<\/p>\n<p>The market shock has raised concerns that a wider risk-off move could spread into US equities and crypto assets already facing pressure from geopolitical tensions and weaker sentiment.<\/p>\n<h2>KOSPI Crash Sends Risk Signals Across Global Markets<\/h2>\n<p>Market data shows that the KOSPI closed at 6,806.93 on Monday after its circuit breaker was activated during trading. In that same session, SK Hynix fell 15.37% to KRW 1.845 million, leaving the stock about 38% below the record high it hit just a couple of weeks ago on June 25.<\/p>\n<p>Hupzy from Spot On Chain <a href=\"https:\/\/x.com\/hupzy_agent\/status\/2076576404641398980?s=20\">described<\/a> the move as a panic-driven selloff and noted that circuit breakers are uncommon outside periods of severe market stress. The analyst also linked the drop in SK Hynix to a rapid reversal in the artificial intelligence (AI) and semiconductor trade, warning that weakness in those sectors could affect crypto assets connected to AI narratives.<\/p>\n<p>Recall that even before the selloff, the markets were already dealing with broader uncertainty, with more than $1.5 trillion <a href=\"https:\/\/x.com\/AshCrypto\/status\/2076583418532385075?s=20\">erased<\/a> across assets in 10 hours, including Bitcoin (BTC), gold, and silver, as well as other major Asian stock indexes. At the time of writing, BTC had <a href=\"https:\/\/cryptopotato.com\/pi-and-apx-crater-by-double-digits-btc-price-dipped-below-63k-market-watch\/\">slipped<\/a> below $63,000, having recovered from an early July drop below $58,000 and briefly going past $64,000 before it lost ground again.<\/p>\n<p>Analyst Ash Crypto blamed the losses on new hostilities between the US and Iran, a possible Bank of Japan yen intervention, and rising bond yields, with Hupzy stating that the sort of shock caused by the KOSPI plunge could push BTC through support if US equities get dragged down by their Asian counterparts.<\/p>\n<blockquote>\n<p>\u201cFor BTC: broadening equity panic puts downside pressure on crypto risk assets,\u201d they wrote on X. \u201cIf US markets follow Asia lower, expect crypto selling to intensify. The KOSPI crash is the kind of cross-asset shock that can break correlations and drag BTC below support.\u201d<\/p>\n<\/blockquote>\n<p>However, another market watcher, Micha\u00ebl van de Poppe, <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2076588189620244914?s=20\">posted<\/a> that Bitcoin\u2019s price action was \u201cholding up well\u201d despite the pressure, saying it had tested the $65,000 area while maintaining support around $61,000. Fellow analyst Ted Pillows <a href=\"https:\/\/x.com\/TedPillows\/status\/2076585739932828128?s=20\">warned<\/a> that the OG crypto needed to hold the $62,500 zone after repeated failures near the $64,500 to $65,000 resistance level, or it could drop below $61,000.<\/p>\n<h2>Why the Cash on the Sidelines Might Not Show Up<\/h2>\n<p>The KOSPI decline has added to concerns about how much support global markets have if selling pressure continues. Hedgie Markets shared data <a href=\"https:\/\/x.com\/HedgieMarkets\/status\/2076474691951481140?s=20\">showing<\/a> that US cash holdings, including money market funds and bank deposits, had fallen to just 0.42 of the S&amp;P 500\u2019s market cap, near the lowest level ever recorded and close to where it sat before the dot-com crash.<\/p>\n<p>The account also noted that while money market funds hold a record $7.95 trillion, the S&amp;P 500 had grown to roughly $69 trillion, so the dry powder looks smaller against the market it needs to cushion.<\/p>\n<p>Le poste <a href=\"https:\/\/cryptopotato.com\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/\">South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst<\/a> est apparu en premier sur <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPatate<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%. The market shock has raised concerns that a wider risk-off move could spread into US equities and crypto assets already facing pressure from geopolitical tensions and weaker sentiment. KOSPI Crash Sends [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/fr\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"South Korea\u2019s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%. The market shock has raised concerns that a wider risk-off move could spread into US equities and crypto assets already facing pressure from geopolitical tensions and weaker sentiment. KOSPI Crash Sends [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptd.in\/fr\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"cryptd.in\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-13T17:10:38+00:00\" \/>\n<meta name=\"author\" content=\"cryptd.in\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"cryptd.in\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/\"},\"author\":{\"name\":\"cryptd.in\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\"},\"headline\":\"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst\",\"datePublished\":\"2026-07-13T17:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/\"},\"wordCount\":519,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/South_Korea-rvULew.jpg\",\"articleSection\":[\"Feeds\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/\",\"name\":\"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/South_Korea-rvULew.jpg\",\"datePublished\":\"2026-07-13T17:10:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/South_Korea-rvULew.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/South_Korea-rvULew.jpg\",\"width\":1201,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptd.in\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#website\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"name\":\"cryptd.in\",\"description\":\"Alternative LinkedIn for Crypto-friendly Talents\",\"publisher\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptd.in\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#organization\",\"name\":\"cryptd.in\",\"url\":\"https:\\\/\\\/cryptd.in\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cryptdin_logo.jpg\",\"width\":900,\"height\":900,\"caption\":\"cryptd.in\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/#\\\/schema\\\/person\\\/7973e8183bc6723b86adfe84d5af0ce4\",\"name\":\"cryptd.in\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937\",\"url\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937\",\"contentUrl\":\"https:\\\/\\\/cryptd.in\\\/wp-content\\\/litespeed\\\/avatar\\\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937\",\"caption\":\"cryptd.in\"},\"sameAs\":[\"http:\\\/\\\/cryptd.in\"],\"url\":\"https:\\\/\\\/cryptd.in\\\/fr\\\/author\\\/cryptd-in\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/fr\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/","og_locale":"fr_FR","og_type":"article","og_title":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in","og_description":"South Korea\u2019s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%. The market shock has raised concerns that a wider risk-off move could spread into US equities and crypto assets already facing pressure from geopolitical tensions and weaker sentiment. KOSPI Crash Sends [&hellip;]","og_url":"https:\/\/cryptd.in\/fr\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/","og_site_name":"cryptd.in","article_published_time":"2026-07-13T17:10:38+00:00","author":"cryptd.in","twitter_card":"summary_large_image","twitter_misc":{"\u00c9crit par":"cryptd.in","Dur\u00e9e de lecture estim\u00e9e":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#article","isPartOf":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/"},"author":{"name":"cryptd.in","@id":"https:\/\/cryptd.in\/#\/schema\/person\/7973e8183bc6723b86adfe84d5af0ce4"},"headline":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst","datePublished":"2026-07-13T17:10:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/"},"wordCount":519,"commentCount":0,"publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"image":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/07\/South_Korea-rvULew.jpg","articleSection":["Feeds"],"inLanguage":"fr-FR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/","url":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/","name":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst - cryptd.in","isPartOf":{"@id":"https:\/\/cryptd.in\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#primaryimage"},"image":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/07\/South_Korea-rvULew.jpg","datePublished":"2026-07-13T17:10:38+00:00","breadcrumb":{"@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#primaryimage","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/07\/South_Korea-rvULew.jpg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2026\/07\/South_Korea-rvULew.jpg","width":1201,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/cryptd.in\/south-korea-stock-crash-could-drag-bitcoin-below-key-support-analyst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptd.in\/"},{"@type":"ListItem","position":2,"name":"South Korea Stock Crash Could Drag Bitcoin Below Key Support: Analyst"}]},{"@type":"WebSite","@id":"https:\/\/cryptd.in\/#website","url":"https:\/\/cryptd.in\/","name":"cryptd.in","description":"Alternative LinkedIn pour les talents crypto-compatibles","publisher":{"@id":"https:\/\/cryptd.in\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptd.in\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/cryptd.in\/#organization","name":"cryptd.in","url":"https:\/\/cryptd.in\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/","url":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","contentUrl":"https:\/\/cryptd.in\/wp-content\/uploads\/2024\/05\/cryptdin_logo.jpg","width":900,"height":900,"caption":"cryptd.in"},"image":{"@id":"https:\/\/cryptd.in\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptd.in\/#\/schema\/person\/7973e8183bc6723b86adfe84d5af0ce4","name":"cryptd.in","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937","url":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937","contentUrl":"https:\/\/cryptd.in\/wp-content\/litespeed\/avatar\/0b38230b9c4987de71d8ea131b2d0c60.jpg?ver=1783446937","caption":"cryptd.in"},"sameAs":["http:\/\/cryptd.in"],"url":"https:\/\/cryptd.in\/fr\/author\/cryptd-in\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/posts\/49732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/comments?post=49732"}],"version-history":[{"count":0,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/posts\/49732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/media\/49734"}],"wp:attachment":[{"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/media?parent=49732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/categories?post=49732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptd.in\/fr\/wp-json\/wp\/v2\/tags?post=49732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}