Skip to main content

Tom Lee: South Korean stock market crash may spill over into the crypto market, ETH under short-term pressure.

PANews October 13 news: Tom Lee posted on X platform that the sharp decline in the South Korean stock market may spill over into the cryptocurrency market. He pointed out that margin calls are occurring at South Korean brokerages, and South Korean investors are major holders of cryptocurrencies, so ETH will face short-term selling pressure.

Related news

11-02 03:00 UTC
Apple Earnings Preview: After Memory Price Increases, How Much Profit Can Apple Still Keep?
Apple is highly likely to deliver earnings for this quarter that are close to or slightly above expectations, but its guidance for the next quarter may not sati...
11-02 02:19 UTC
The crypto market has recovered slightly, the CeFi sector has risen modestly, and the AI sector has continued to pull back.
11-02 02:13 UTC
Analysis: Previous Bitcoin cycle bottoms all occurred shortly after U.S. midterm elections; late this year to early next year may be the bottom window.
11-02 02:00 UTC
Taking stock of the 5 major crypto tokens that truly make money in a bear market.
Income is important, but who ultimately pockets that income matters even more.
11-02 00:30 UTC
Galaxy Research Director: Bitcoin closes above its 50-week moving average for the 7th consecutive week.