{"id":187127,"date":"2026-06-25T16:30:12","date_gmt":"2026-06-25T16:30:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=187127"},"modified":"2026-06-25T16:30:12","modified_gmt":"2026-06-25T16:30:12","slug":"former-fidelity-executive-says-south-korean-indexs-10-crash-pulled-btc-below-60000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=187127","title":{"rendered":"Former Fidelity Executive Says South Korean Index\u2019s 10% Crash Pulled BTC Below $60,000"},"content":{"rendered":"<p>Mike McCluskey argues that bitcoin\u2019s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index, Kospi, plunged by more than 8%, triggering a Level 1 circuit breaker. The sharp drop was attributed to a severe global semiconductor stock correction, [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>Mike McCluskey argues that bitcoin\u2019s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index, Kospi, plunged by more than 8%, triggering a Level 1 circuit breaker. The sharp drop was attributed to a severe global semiconductor stock correction, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":187128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-187127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/187127"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=187127"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/187127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/187128"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=187127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=187127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=187127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}