Search results for 3.69 percent
Crypto
Bitcoin June 2026 price outlook: Will institutional outflows signal a sharp drop?
Bitcoin spot ETFs recorded net outflows of $2.3 billion in May, the largest monthly withdrawal this year, BeInCrypto reported. With bitcoin trading at $73,469 ahead of June, institutions, whales and long-term holders have reduced exposure, adding downside pressure. On-chain data showed fewer 1,000-BTC whales and a drop in hodler net position change. Analysts cited chart resistance and key levels near $73,869 as pivotal for June direction.
Finance
KOSPI hits record high for second day as semiconductors rise on first day of single-stock leverage products
South Korea\'s KOSPI rose more than 2 percent on May 27 to post a record high for a second straight session, supported by strong sentiment on the first trading day of single-stock leveraged products linked to Samsung Electronics and SK Hynix. The index closed up 181.19 points, or 2.25 percent, at 8,228.70 after touching a 52-week high of 8,457.09. Retail and institutions were net buyers, while foreigners sold. The Kosdaq fell 3.36 percent, and the won strengthened against the dollar.
Finance
KOSPI falls below 5,800 on Middle East uncertainty; KOSDAQ down over 1 percent
South Korea\'s KOSPI fell 1.61 percent on April 9, dropping below the 5,800 level amid continued uncertainty in Middle East developments. The benchmark index closed at 5,778.01 after extending losses in the afternoon. Foreign investors were net sellers, while individuals and institutions bought. Most heavyweight stocks declined, including Samsung Electronics and SK Hynix. The KOSDAQ also fell 1.27 percent. The won weakened against the dollar.
