STO:HM.B

June 26, 2026, 4:09 AM EDT. Major cryptocurrencies including Ether, XRP and DOGE experienced broad selloffs as global markets faced pressure. South Korea's Kospi plunged nearly 9%, sparking a trading halt, with chipmakers SK Hynix and Samsung falling over 8%. Nasdaq 100 futures dropped 1.5%. Oil prices dipped below $74 a barrel following a brief supply scare at the Strait of Hormuz. Crypto-specific selling intensified Bitcoin's pullback, attributed to large holders offloading tokens in a market slow to absorb supply. Analyst Gabe Selby of CF Benchmarks noted investor focus has shifted toward AI stocks, reducing appetite for crypto risk. Bitcoin is currently supported in a $50,000 to $60,000 range, a historical zone where buyers typically return, with key levels at $55,000 support and $61,000 to $62,000 resistance.