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Morning Edition · Tuesday, July 28, 2026Published at 1:41 AM EDT · New York
Bitcoin Falls to About $63,200 as Korea's KOSPI Drops Near 10 Percent Before Fed Decision
A selloff in artificial-intelligence stocks across Asia drove crypto lower, with a Federal Reserve rate decision Wednesday set to test whether Bitcoin moves with equities or diverges.
Bitcoin fell to roughly $63,200, down about 2.7 percent over 24 hours, as South Korea's KOSPI equity index dropped near 10 percent, falling to around its mid-April level and extending a decline of about 25 percent from its mid-June peak. Tr…
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US Tariff Escalation Feeds Inflation Shocks
Over the coming months, successive US tariff actions recur as fresh inflation and cross-asset shocks, compounding energy-price risk and pressuring rate expectations and risk assets, as the administration reaches deeper into partner economies and trade-pact-covered goods.
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