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Crypto

Bitcoin retreats after 12-week high, fails again near $79,000

Bitcoin briefly reclaimed a 12-week high of $79,399 but fell back in Asian trading and failed to retake $80,000. It was last down 2.09 percent over 24 hours at about $77,700. Analysts flagged $80,000 as a level where selling often emerges as underwater positions are closed. Major altcoins also weakened. Funding rates in perpetual futures remained negative, leaving room for a short squeeze if spot prices hold above breakeven levels.

Telecommunications & Media

Proactive administration shines as EMS to U.S. resumes after emergency TF response

Korea Post’s U.S.-bound Express Mail Service (EMS) effectively stopped last summer after the Trump administration introduced tariffs on most mail items. Korea Post suspended acceptance of nearly all EMS items bound for the United States from Aug. 26, except documents. It formed an emergency task force to build a system to calculate and collect tariffs at post office counters and completed it in 22 days, allowing a rapid resumption of service.

Crypto

Bitcoin rally breakout momentum fades as U.S. demand and futures indicators weaken

Bitcoin has recently risen but may fail to break back above $80,000 as signals point to slowing U.S. institutional demand, an analysis said. The Coinbase premium index fell even as price approached resistance again, indicating weaker U.S. buying. Futures indicators also softened, with open interest down and funding rates less negative, suggesting reduced short-covering pressure. Traders are watching $79,510 as a key level, with multiple support zones below.