Selling pressure intensified in Japanese and South Korean stock markets, with the KOSPI closing down more than 12%.

CoinFeed reported on March 4th that Asian stock markets experienced increased volatility, with Japanese and South Korean stocks suffering another round of panic selling, falling for the third consecutive trading day. South Korea's KOSPI index briefly triggered a circuit breaker during trading, closing down 12.11% at 5090.79 points. Japan's Nikkei 225 index closed down 3.61%, marking its largest drop since April 2025.