NASDAQ 100 falls 3%, South Korea’s KOSPI plunges 10% amid AI bubble concerns

The NASDAQ 100 fell 3% and South Korea's KOSPI plunged 10% due to AI bubble concerns, signaling potential liquidity tightening for tech and crypto sectors. Similarly, the Nasdaq composite dropped 2% as tech stocks faced selloffs driven by valuation concerns. These market movements highlight volatility and instability, with rising rate expectations pressuring future earnings and investor sentiment, drawing parallels to the dot-com era as the market reacts to perceived instability in high-growth technology valuations.