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Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Published Source: CoinDeskRead original
Crypto Insight Summary: Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Temporary correlation with Asian equities due to AI concerns.