Why Is Bitcoin Dropping? South Korea's Record KOSPI Rally Shows Where Crypto Capital Is Going

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Story Highlights* South Korea’s KOSPI index just broke past 6,000, up 175% in a year, while Bitcoin has lost half its value since October.

  • Korean retail investors, once the most aggressive crypto buyers in the world, appear to be rotating capital into AI and semiconductor stocks.
  • New legislation could force crypto influencers in South Korea to disclose their holdings or face penalties.
BTC-2.38%
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