[Featured Stocks] Vidente and Woori Technology Investment Fall Together Amid Bitcoin Decline
![[Image source=Reuters Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2022070110160534114_1656638166.jpg)
[Asia Economy Reporter Myung-hwan Lee] On the 21st, as the price of Bitcoin turned downward, stocks related to cryptocurrencies are also declining.
As of 1:38 PM on the same day, Bident is trading at 9,400 KRW, down 6.47% (650 KRW) from the previous trading day. Woori Technology Investment is trading at 6,240 KRW, down 3.41% (220 KRW).
As the price of Bitcoin stopped its upward trend and turned downward, it appears to be affecting cryptocurrency-related stocks as well. According to the global cryptocurrency market tracking site CoinMarketCap, at the same time, Bitcoin was down 2.55% from the previous day, trading at $22,823 (approximately 29.93 million KRW). The price of Bitcoin weakened following news that Tesla sold 75% of its Bitcoin holdings in the second quarter of this year.
Hot Picks Today
"How Much Will They Get?" 600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division's 'Three Wallets Under One Roof'
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Penalty Surcharges to Exceed Illicit Gains for Hoarding... Government Announces Strong Response to Market Disruption
- "Disappointing Results: 80% of Sunscreens Found Lacking in Safety and Effectiveness"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Bident is the largest shareholder of Bithumb, a domestic cryptocurrency exchange. Woori Technology Investment holds shares in Dunamu, the operator of the cryptocurrency exchange Upbit.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
!["Please Help Us": How Much Do Those Bowing Deeply for Your Vote Really Earn? [Data Pick]](https://cwcontent.asiae.co.kr/asiaresize/307/2026052010120870131_1779239528.png)
