Market jitters persist as the AI selloff deepens. South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.
Live updates: Market jitters persist as the AI selloff deepens
Market jitters persist as the AI selloff deepens. South Korea’s KOSPI fell almost 4%, accompanied by one of the weakest IPO debuts in the country’s history, with data centre company Elice tumbling around 30%.
James Van Straten
Publisher CoinDesk
Oct 20, 2026 at 10:14 AM UTC · Updated il y a 9 jours · 1 min de lecture
Key Signal
Almost 4% KOSPI decline
Market Impact
Total MCap+0.16%
Last Updated
il y a 9 jours
The weakness carried into U.S. pre-market trading, with CoreWeave (CRWV) down 4%, Cipher Digital CIFR falling 2% and IREN IREN losing 3%. The Invesco QQQ ETF also traded lower, reflecting broader pressure on technology stocks.
Bitcoin edged lower over the past 24 hours but held above $81,000, while gold slipped almost 1% to just above $4,110 an ounce. Brent and WTI crude oil each climbed a further 2%.
Long-dated U.S. Treasuries appear to be attracting defensive flows, with the iShares 20+ Year Treasury Bond ETF (TLT) rising 0.5%.
Sourced by
Originally reported by CoinDesk
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$80,740
-0.25% (24H)
Market Cap
$1.62T
24H Volume
$23.5B
24H High
$81,882
Article Intelligence
Sponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
