Crypto sell-off, Nikkei 225, Hang Seng Index
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea.
Jungang Yan | Moment | Getty Images
Asia-Pacific markets were set to open higher Tuesday, after Wall Street fell, dragged by crypto-related stocks.
Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down. The digital currency has struggled to stay above $90,000 since it fell below that level late last month for the first time since April. Other crypto-related stocks, including Coinbase and Strategy, also fell in Monday’s session.
Shares of artificial intelligence-related names, Broadcom and Super Micro Computer lost more than 4% and 1%, respectively, indicating…
