U.S.-Iran
Bitcoin holds near $64000 amid oil surge and tech selloff
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Bitcoin traded around $64200 on Monday, little changed for the day but up 3 percent for the week. Surging oil prices linked to U.S.-Iran strikes and a semiconductor selloff triggered by a new Chinese AI model weighed on the market.
U.S. President Donald Trump said Wednesday that a peace agreement with Iran could be reached before his trip to China next week. Washington and Tehran are reportedly working on a one-page memorandum to end their war and set a framework for detailed nuclear negotiations.
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South Korean stocks started slightly lower on Wednesday amid uncertainties over U.S.-Iran peace talks. The benchmark KOSPI fell 0.17 percent to 6,377.42 in the first 15 minutes of trading. Investor sentiment weakened with a two-week ceasefire nearing its end.