PANews reported on September 11th that South Korea's Kospi index rose to a record high of 4,340 points, according to CoinDesk, benefiting from shareholder-friendly policies and global market sentiment. Crypto analytics platform Alphractal stated that every time the Kospi reaches a new high, Bitcoin is typically at a cyclical high, with both reaching peaks simultaneously in 2017 and 2021. The analysis points out that both the Kospi and Bitcoin are highly sensitive to global risk appetite, and the current Kospi high is seen as a signal that Bitcoin's bull run may be coming to an end.