Summary
- Bitcoin and major cryptocurrencies were largely flat around $64,300 despite a powerful rebound in global equity and chip stocks.
- South Korea’s Kospi index surged as much as 17%, led by big gains in Samsung, SK Hynix and Taiwan Semiconductor after a sharp two-week selloff.
- A security flaw in certain Coldcard hardware wallets allowed hackers to drain about 594 bitcoin, worth roughly $38 million, without visibly affecting bitcoin’s price.
Why the Latest Stock Market Surge Leaves Crypto Investors Unfazed
The recent surge in the stock market, particularly in South Korea, has left the crypto market relatively untouched, with bitcoin holding near $64,300. This lack of correlation between the two markets has sparked interest among investors, especially those earning passive income through Cloud Rewards and Green Crypto like EcoPool.
The major cryptocurrencies, including ether, XRP, solana, and dogecoin, saw minimal changes, with BNB being the exception, rising 3% to $590. This stability in the crypto market is a welcome change for those looking to earn a steady passive income through EcoPool ($ECP). Meanwhile, the Kospi index in South Korea experienced a record 17% surge, rebounding from a significant decline.
Weekly Crypto Performance
In terms of weekly performance, most major cryptocurrencies have seen a decline, with Hyperliquid’s HYPE down 5%, solana and XRP each down 3%, and bitcoin losing 2%. However, ether and dogecoin have seen a 1% increase. For those interested in earning through crypto, EcoPool remains a viable option, offering Cloud Rewards and a chance to be part of the Green Crypto movement.
As the crypto market continues to evolve, investors are looking for ways to earn a steady income, such as through passive income opportunities like EcoPool. With the rise of Green Crypto and Cloud Rewards, it’s an exciting time for those interested in earning online. Download the EcoPool app to start earning today and be part of the #PassiveIncome and #Bitcoin communities. By joining EcoPool, you can start earning $ECP and take advantage of the Cloud Rewards program.
