Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures

Bitcoin BTC $83,696.96 climbed back above $83,000 on Tuesday, shaking off an early drop as a sharp selloff in Asian chip stocks and U.S. tech futures weighed on risk appetite. The largest cryptocurrency by market value fell to just under $81,000 at 00:50 UTC before recovering above $83,000, according to CoinDesk data. Ether ETH $2,529.57 bounced from five-day lows, while XRP (XRP) turned higher after touching three-week lows. Zcash (ZEC), solana (SOL) and several other major tokens followed a similar pattern.