Bitcoin Holds at $62,600 as South Korean Stock Slump Drives Crypto Demand

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Bitcoin stabilized around $62,600 following a sharp selloff on Monday, even as global markets remained under pressure. South Korean investors turned to cryptocurrency amid a significant decline in the KOSPI stock index, pushing local crypto trading volumes sharply higher. Meanwhile, gold continued its downward trend, adding to broader market uncertainty. Geopolitical tensions also weighed on sentiment, with Donald Trump threatening further military strikes against Iran.

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