Korean stock market crashes, Bitcoin's market cap surpasses Samsung and SK Hynix

Odaily Odaily Planet Daily News SK Hynix saw a single-day loss of $160 billion in market cap (approximately ¥1 trillion RMB), with its total market capitalization falling below the $1 trillion mark. Meanwhile, Bitcoin experienced a slight rebound today.

According to data from 8MarketCap, Bitcoin's market cap has now returned to above $1.2 trillion, with a 24-hour increase of 2.41%. It has risen to become the 16th most valuable asset globally by market capitalization, overtaking storage giants such as Samsung, Micron, and SK Hynix.