Bitcoin falls 9% and Asian shares slip after Wall Street is hit by tech stock losses [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Bitcoin sank to roughly half its record price, giving back all it gained since U.S. President Donald Trump won the White House for his second term. Tokyo's Nikkei 225 was up 0.5% to 54,073.52, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 1.9% and chipmaker Tokyo Electron rose 3%. Japan will also be holding its general election on Sunday, in which Prime Minister Sanae Takaichi expects to win a stronger public mandate for her policies. South Korea's Kospi lost 1.7% to 5,076.69, weighed down by tech shares. Samsung Electronics, the country's biggest listed company, fell 0.9%. Chipmaker SK Hynix was down 0.6%. Hong Kong's Hang Seng fell 1.2% to 26,569.14. The Shanghai Composite index was flat at 4,075.37. In Australia, the S&P/ASX 200 shed 1.6% lower to 8,745.60. Taiwan's Taiex fell 0.2%. Against the backdrop of the technology sell-off this week, Bitcoin, the world's largest cryptocurrency, saw dimming enthusiasm
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News
- Bitcoin falls 8% and Asian shares mostly slip after Wall Street is hit by tech stock losses [BNN Bloomberg (Canada)]BNN Bloomberg
- Tokyo Electron Lifts Outlook in Sign of AI-Spurred Chip Spending [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitcoin falls 8% and Asian shares mostly slip after Wall Street is hit by tech stock losses [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitcoin falls 8% and Asian shares mostly slip after Wall Street is hit by tech stock losses [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitcoin falls 9% and Asian shares slip after Wall Street is hit by tech stock losses [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The