Asian markets fell sharply as chipmakers faced heavy selling driven by Chinese competition in artificial intelligence. South Korea's KOSPI dropped 5.5%, with steep losses for Samsung and SK Hynix amid growing AI sector anxieties.
Robinhood shares show potential for a rebound despite a recent sell-off, driven by surging demand for tokenized stocks, rising DEX volumes on Robinhood Chain, and strong bullish analyst price targets.
Bitcoin holds a key support level between $83,000 and $84,600 as large holders accumulate 14,335 BTC worth $1.22 billion, keeping the cryptocurrency trading near $85,376 below the $86,700 resistance ceiling.
Bitcoin's recent rally has stalled near $84,000 as profit-taking reaches a 2026 high. Analysts warn that the cryptocurrency could drop to $80,000 if it fails to reclaim key resistance levels.
Bitcoin stalls near $85,000 as it faces major resistance, while Polymarket traders price the odds of reaching $100,000 by year-end at 34 percent amid ongoing midterm elections.
