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Finance

KOSPI jumps more than 2 percent in early trade, Kosdaq also up 1 percent

South Korea's KOSPI rose more than 2 percent in early trading on April 6, hovering around the 5,480 level. As of 9:13 a.m., the index was up 110.96 points at 5,488.26 after opening higher. Institutions were net buyers, while individuals and foreigners were net sellers. Most large-cap stocks were higher, including Samsung Electronics and SK Hynix. The Kosdaq also gained 1.23 percent. The won weakened slightly versus the dollar.

Crypto

SPX6900 memecoin nears breakout as market cap builds base like Dogecoin, Pepe

Crypto influencer Murad Mahmudov (무라드 마무도프) said memecoin SPX6900 has entered a stabilisation phase ahead of a rally, comparing its market-cap level with periods when Dogecoin and Pepe moved sideways before surging. He put SPX6900’s market cap at about $244 million. Mahmudov holds about 29.96 million SPX, or about $7.8 million, which makes up 96 percent of his tracked portfolio, which has fallen sharply since peaking in July 2025.

Crypto

Bitcoin bearishness spreads; Santiment says contrarian sentiment may signal rebound

Bearish sentiment on social media around the bitcoin market has surged for the first time in five weeks, raising the possibility that pessimism could lead to a short-term rebound, an analysis said. On-chain analytics firm Santiment said bearish comments on bitcoin climbed to the highest level since late February. It added that markets often move against crowd expectations, and elevated FUD can be a sign conditions may turn positive faster than expected.