Bitcoin hits two-week low at $76,711 as liquidations top half a billion

May 18, 2026

Bitcoin experienced its lowest point in over two weeks, dropping to $76,711 as global macro risks from the US-Iran conflict prompted traders to reduce positions. This downturn saw significant liquidations of bullish bets across cryptocurrencies, with Bitcoin’s price falling below a key support level.

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South Korea’s KOSPI drops 7% as global chipmaker selloff deepens

South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK

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