Asian markets bloodbath, Apple raises prices, Bitcoin pressured
Last Updated on 27 June 2026 by CryptoTips.eu
Summer has truly arrived for global stock markets and the crypto sector. On Friday morning, investors in Asia—the largest export region for electronics—reacted swiftly after Apple raised prices on most of its products due to higher chip costs. At the same time, Bitcoin remains under heavy pressure and is struggling to hold the $60,000 level.
🚨 BLOODBATH in Asian Markets
— Bull Theory (@BullTheoryio) June 26, 2026
Over $1 TRILLION wiped out from Asian stocks in just a few hours.
Asian stocks crashing after Apple's price hikes to offset surging chip costs reignited concerns over elevated AI and Tech valuations.
South Korea's KOSPI down -8.2%, wiping out over… pic.twitter.com/fVnyfUwjEX
OpenAI
On Friday, the Japanese stock market slumped by around 4%, dragged down primarily by a sharp drop of SoftBank—one of the largest investors in OpenAI—after Sam Altman’s company considered postponing its IPO until 2027.
South Korea’s stock market also tumbled by about 8% on Friday—marking the second such drop in a week—driven largely by steep declines in the shares of Samsung and SK Hynix.
This nervousness is spilling over into the cryptocurrency market as well.MicroStrategy—the largest corporate holder of Bitcoin—is seeing its share price fall further and further. At some point, the company will likely be forced to sell a portion of its Bitcoin holdings to mitigate mounting risks.
If buyers are not stepping in at this support of 60K, that means they want to buy it at lower levels. Still no bottom reversal chart pattern here. $BTCUSD pic.twitter.com/c5ApeNUxWP
— Aksel Kibar, CMT (@TechCharts) June 26, 2026
By now the largest digital coin itself is increasingly struggling to hold the $60,000 level. The crypto Fear and Greed Index currently stands at 16, meaning we could see extreme panic next week if the AI bubble truly bursts.
