Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto
AI Summary
Bitcoin found a stable footing around $62,600 following a significant selloff, driven partly by heightened geopolitical tensions as Donald Trump hinted at further strikes against Iran. Amid a downturn in gold prices, South Korean investors turned to cryptocurrencies in droves, seeking refuge from a crumbling stock market. This shift highlights a growing preference for digital assets in times of economic and geopolitical uncertainty, potentially signaling a broader trend of crypto adoption in volatile markets.
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