The sharp decline in South Korean stocks highlights vulnerabilities in AI- 
driven market valuations and signals potential global asset repricing.
The post South Korean stocks drop 9%, led by losses in Samsung and SK Hynix 
appeared first on Crypto Briefing.

The sharp decline in South Korean stocks highlights vulnerabilities in AI- driven market valuations and signals potential global asset repricing. The post South Korean stocks drop 9%, led by losses in Samsung and SK Hynix appeared first on Crypto Briefing.

South Korean stocks drop 9%, led by losses in Samsung and SK Hynix

Ethereum price started a recovery wave above the $1,620 zone. ETH is now 
consolidating and struggling to continue higher above the $1,700 resistance. 
Ethereum started a recovery wave above the $1,620 zone. The price is trading 
below $1,680 and the 100-hourly Simple Moving Average. There was a break below 
a bullish trend line with support at $1,685 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh decline if it stays below 
the $1,700 zone. Ethereum Price Fails To Extend Recovery Ethereum price 
started a recovery wave above the $1,520 zone, like Bitcoin. ETH price was 
able to surpass and settle above the $1,620 resistance. The price surpassed 
the 23.6% Fib retracement level of the downward move from the $2,005 swing 
high to the $1,505 swing low. However, the bears remained active near the 
$1,700 resistance. As a result, there was a fresh bearish reaction. Besides, 
there was a break below a bullish trend line with support at $1,685 on the 
hourly chart of ETH/USD. Ethereum price is now trading below $1,680 and the 
100-hourly Simple Moving Average. If the bulls remain in action above $1,650, 
the price could attempt another increase. Immediate resistance is seen near 
the $1,680 level. The first key resistance is near the $1,700 level. The next 
major resistance is near the $1,750 level or the 50% Fib retracement level of 
the downward move from the $2,005 swing high to the $1,505 swing low. A clear 
move above the $1,750 resistance might send the price toward the $1,800 
resistance. An upside break above the $1,800 region might call for more gains 
in the coming days. In the stated case, Ether could rise toward the $1,840 
resistance zone or even $1,880 in the near term. Downside Continuation In ETH? 
If Ethereum fails to clear the $1,700 resistance, it could start a fresh 
decline. Initial support on the downside is near the $1,650 level. The first 
major support sits near the $1,620 zone. A clear move below the $1,620 support 
might push the price toward the $1,580 support. Any more losses might send the 
price toward the $1,550 region. The main support could be $1,500. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the 
bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major 
Support Level – $1,650 Major Resistance Level – $1,700

Ethereum price started a recovery wave above the $1,620 zone. ETH is now consolidating and struggling to continue higher above the $1,700 resistance. Ethereum started a recovery wave above the $1,620 zone. The price is trading below $1,680 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support &#8230;

Ethereum Price Rebound Runs Out Of Fuel Near Key Resistance

Regional instability disrupts crypto markets, prompting capital flight and 
reshaping liquidity flows, highlighting geopolitical risks for investors.
The post Israeli military strikes Iranian regime targets as crypto markets 
brace for volatility appeared first on Crypto Briefing.

Regional instability disrupts crypto markets, prompting capital flight and reshaping liquidity flows, highlighting geopolitical risks for investors. The post Israeli military strikes Iranian regime targets as crypto markets brace for volatility appeared first on Crypto Briefing.

Israeli military strikes Iranian regime targets as crypto markets brace for volatility

U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively 
police fast-growing crypto and prediction markets. Her letter cited staffing 
cuts, declining enforcement, and potential industry and political influence as 
risks to investors. Crypto Oversight in the Spotlight After Warren Questions 
Federal Regulation U.S. Senator Elizabeth Warren on June 8 announced an 
inquiry […]

U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively police fast-growing crypto and prediction markets. Her letter cited staffing cuts, declining enforcement, and potential industry and political influence as risks to investors. Crypto Oversight in the Spotlight After Warren Questions Federal Regulation U.S. Senator Elizabeth Warren on June 8 announced an inquiry &#8230;

Crypto Oversight in the Spotlight After Warren Questions Federal Regulation

Middle Eastern tensions disrupt global markets, highlighting the fragile 
balance between geopolitical stability and economic volatility.
The post Iran fires missiles at Israel as Trump scrambles to save ceasefire, 
Bitcoin drops below $63K appeared first on Crypto Briefing.

Middle Eastern tensions disrupt global markets, highlighting the fragile balance between geopolitical stability and economic volatility. The post Iran fires missiles at Israel as Trump scrambles to save ceasefire, Bitcoin drops below $63K appeared first on Crypto Briefing.

Iran fires missiles at Israel as Trump scrambles to save ceasefire, Bitcoin drops below $63K

The KOSPI crash highlights vulnerabilities in tech markets, with potential 
global repercussions on investment strategies and economic policies.
The post Tech sell-off widens as South Korea&#8217;s KOSPI index crashes 8.3%, 
triggering circuit breakers appeared first on Crypto Briefing.

The KOSPI crash highlights vulnerabilities in tech markets, with potential global repercussions on investment strategies and economic policies. The post Tech sell-off widens as South Korea&#8217;s KOSPI index crashes 8.3%, triggering circuit breakers appeared first on Crypto Briefing.

South Korean stocks drop 9%, led by losses in Samsung and SK Hynix

Comments