Bitcoin edges up 1% to $63,800 amid South Korea selloff
Business
Bitcoin edged up 1% to about $63,800 on July 29, 2026, just as South Korea's stock market took a record-breaking hit, down 11% on Wednesday and 11% on Tuesday, thanks to a sharp sell-off in big chip companies.
SK Hynix down 17%, crypto rises
SK Hynix shares dropped 17% despite huge profits, simply because they didn't wow investors.
Samsung Electronics also slid 12% ahead of its earnings report.
Still, Bitcoin and friends like Ethereum (+1%), XRP (+2%), and Binance Coin kept climbing, only Hyperliquid's HYPE bucked the trend with a small dip.
Now, all eyes are on the US Federal Reserve's upcoming rate decision and key economic updates that could shake things up again soon.