Korean Stock Market Plunges, Bitcoin Market Cap Surpasses Samsung and SK Hynix

Odaily Planet Daily News SK Hynix saw a single-day evaporation of $160 billion in market capitalization (approximately KRW 1000 trillion won), with its total market cap falling below the $1 trillion mark, while Bitcoin rebounded slightly 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%, rising to 16th place in the global asset market cap rankings, surpassing storage giants such as Samsung, Micron, and SK Hynix.