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South Korean Stock Selloff Raises Ethereum Risks
Ethereum faces pressure as Tom Lee, a crypto analyst, warns that South Korea's stock market crash could spread to the crypto market. Lee, who is also the CEO of Bitmine, suggests that forced sell-offs from the sharp decline in the South Korean stock market could put pressure on cryptocurrency assets, including Ether. The market sentiment is influenced by recent news, with Tom Lee's warnings contributing to a potential sell-off in the short term.