Asian Stocks Shed Over $1 Trillion in a Day as Bitcoin Holds $75K

Cointime reports: Asian equities lost more than $1 trillion in combined market value on Nov. 6 as a post-US midterm tech selloff spread from Wall Street. South Korea’s KOSPI fell as much as 9%, triggering its seventh circuit breaker this year, Japan’s Nikkei 225 entered a technical bear market and Taiwan’s weighted index dropped about 9%. Bitcoin fell roughly 6% in 24 hours to about $75,600, a smaller decline than tech stocks.