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Tom Lee Warns KOSPI Slump Could Impact Crypto
BitMine's Tom Lee has warned that the significant decline in the KOSPI index, which has dropped over 15% in five days, could negatively affect the crypto market. Major companies like Samsung and SK Hynix have contributed to the stock market's losses. Bitcoin and other cryptocurrencies have experienced volatility, with Bitcoin hitting an 18-day low around $80,000 and experiencing substantial liquidations totaling approximately $810 million in 24 hours.