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South Korea's KOSPI index swings wildly; Bitcoin drops to September 2024 lows amid market volatility.

Market News
27 Jun 2026
Seeking Alpha
View Source
Bearish
pluang ai news

South Korea's KOSPI index experienced extreme volatility this week, dropping 10% on Tuesday, then rebounding 3.3% and 5.4% on Wednesday and Thursday, before falling 5.8% on Friday. The U.S. Dollar Index reached a one-year high, while Bitcoin fell 5.3% to $59,850, marking its lowest level since September 2024 and a 31.7% decline year-to-date. Meanwhile, the S&P 500 and Dow showed mixed results, with the S&P 500 down 2.0% but still up 7.4% year-to-date, and the Dow up 0.6%, gaining 7.9% year-to-date. These fluctuations highlight ongoing market instability and risk aversion amid global economic uncertainties.

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