Bitcoin Price Prediction: BTC Slides in Asian Hours, Moving in Tandem with Korean KOSPI

Bitcoin price is trading near $63,480 as selling accelerated during the Asian session, sending BTC prediction slipped into a bearish area.

The move reflects rising caution across risk assets rather than a crypto-specific event.South Korea’s KOSPI fell sharply, pressuring major chipmakers including Samsung and SK Hynix. That sparked another round of risk-off trading across global markets.

Bitfinex analysts noted Bitcoin often tracks equities during macro-driven selloffs but can decouple during company-specific events.

KOSPI JUST CRASHED AND HALTED ALL TRADING FOR THE 9TH TIME THIS YEAR.₩500 trillion has been wiped out from Korean stocks today as KOSPI crashes 8%, triggering a circuit breaker and halting all trading for 20 minutes.This is landing on top of several things at once.China's… pic.twitter.com/QncIlfH9q3— The Macro Paper (@macropaperr) July 28, 2026 Even so, today’s market has kept the correlation intact.