Cryptocurrency28 Jul 2026SEO 801 min read

Analysis: Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10%

Bitcoin fell about 2.7 percent to roughly $63,200, extending losses across major cryptocurrencies as Asian equities, led by South Korea’s Kospi, sold off sharp…

Bitcoin fell about 2.7 percent to roughly $63,200, extending losses across major cryptocurrencies as Asian equities, led by South Korea’s Kospi, sold off sharply. The U.S. Senate has delayed action on the closely watched CLARITY Act to focus on a Russia sanctions bill, likely pushing any vote on crypto regulatory legislation to next week before the Aug. 8 recess. Analysts say bitcoin tends to move with stocks when macro and interest-rate stress is high, and they expect volatility across asset c…

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