South Korean retail investors pivoted from memecoins to AI stocks, rode a 180% KOSPI rally, then faced a 25% crash. Now crypto markets may

"Broad risk-off sentiment, forced deleveraging, widening hyperscaler CDS spreads, and deteriorating retail investor sentiment are all adding to the selling pressure."

South Korea's Kospi index dropped 44% from its June peak amid global AI growth worries and foreign fund outflows. Despite the sharp pullback into bear market territory, Nomura…