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KOSPI (South Korea stock index) Plunges 12% as Bitcoin Rebounds to Record $74,000

Crypto markets priced in weekend risks; war-driven inflation expectations lifted demand for fixed-supply assets (capped issuance cryptos) as an inflation hedge, with Middle East capital favoring borderless alternatives (cross-border digital assets).

Summary

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Terms & Concepts
  • Fixed-supply assets: Cryptocurrencies with a hard cap on total issuance (e.g., Bitcoin’s 21 million), often sought during inflation fears.
  • Borderless alternatives: Digital assets transferable across countries without centralized intermediaries, enabling cross-border capital mobility.
  • Inflation hedge: An asset used to preserve purchasing power when prices rise, commonly associated with scarce or capped-supply instruments.