Strong US jobs data fuels rate hike fears, Nasdaq and Bitcoin tumble together
172k jobs beat strengthens Fed hike outlook, triggering joint correction in stocks, gold and crypto; USD/KRW breaks 1,560
- 1.US nonfarm payrolls 172k beat estimates, boosting rate hike expectations
- 2.Nasdaq drops 5%+, led by AI and semiconductor stocks
- 3.USD/KRW moves 1,556→1,558, breaks through 1,560
- 4.Bitcoin breaks below $60k amid meme coin and liquidation pressure
- 5.June FOMC meeting
“AI stocks couldn't overcome valuation pressure and plunged sharply” — Oh Sun-ui's US Stock Market Live
“USD/KRW is at 1,560. Feels like the Bank of Korea or government has stepped back” — YouTube-born former med school prof - Yoo Na-eu-ri