KOSPI falls 3% in single-market selloff
KOSPI fell 3% in a single-market selloff while the VIX dropped, indicating the decline was contained to Korea with limited global spillover. The move was attributed in part to memory supply dynamics involving Nvidia and hyperscalers locking up future memory supply.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@kryptosopus
KOSPI down 3% and the VIX actually dropped. Nobody outside Korea flinched So does $BTC catch this? No. A single-market flush with fear falling everywhere else isn't the signal that drags crypto. Not selling anything over one red tape in Seoul https://t.co/FnuyH1G6d5
@Ember_web3
This is the real reason behind almost every Korea story this year, exports, KOSPI swings, SK hynix's record buyback. A 64GB DDR5 kit now costs 1,118 dollars, up 485 percent since the start of the year, because Nvidia and hyperscalers locked up years of future memory supply before https://t.co/L3p7hKWCXf