Bitcoin (BTC) has rebounded from earlier lows seen during the Asian trading session, trading at approximately $63,500. This marks a recovery from a low of $63,065, as noted by CoinDesk. However, despite this upward movement, Bitcoin is still down 0.3% since midnight UTC and has seen a nearly 3% decline over the last 24 hours.
In contrast to Bitcoin's recovery, e-mini futures for the Nasdaq index have dropped to 27,930 points, the lowest since May, with a weekly decline of 1.2%. This comes after the index peaked around 31,000 in June. Notably, NVDA shares, a major component of the Nasdaq, fell nearly 5% on Monday.
Furthermore, the Kospi index in South Korea plummeted by 10%, while Japan’s Nikkei and other regional indices recorded smaller losses.
