Bitcoin (BTC) exchanged above $ 79,000 Monday morning Asia, while the markets in East Asia opened in chaos and carnage when the world sale continued.
Coindesk 20 (CD20), a performance measurement of the largest digital assets, is down 8%.
The Hong Kong Hang Seng index is down more than 8%during the middle of the morning trade, while Shanghai’s SSE composite index is down 7%, and Taipei taipei is down 9%.
The main technological actions in the region were among the hardest. Alibaba’s shares in Hong Kong fell 12% while Tencent fell 9%. In Taipei, TSMC’s shares fell 10% in the first minutes of negotiation, triggering the mechanism for the limit of variation in exchange prices which interrupts trade in both directions.
TSMC correction comes as the White House says that Taiwan semiconductors are exempt from prices, but the future of the flea law-which has financed the construction of semiconductor factories in the United States-is in question.
TSMC’s main correction on the open market probably prefigures Nvidia Open in the United States, some analysts say that NVDA has become more volatile than BTC or ETH.
Elsewhere in the crypto, Ethereum (ETH) is down 11%, XRP is down 9%and Solana soil is down 10%.
The loan protocol manufacturer (MKR) and Aave (Aave) were among the least efficient on the market, down approximately 14% each.
Coinglass liquidation data show that over the past 12 hours, around $ 675 million in long positions have been liquidated, compared to 123 million dollars in shorts.
Trump, the presidential room of the same, is down 13% according to Coindesk data, putting it behind the majors of the loan protocol as one of the laggards on the market.
