Editor's PiCK

[Market] Bitcoin temporarily recovers to 103,000 dollars… end of U.S. shutdown improves investor sentiment

Source
Minseung Kang

Summary

  • Bitcoin (BTC) briefly recovered to the 103,000 dollar level.
  • The easing of policy uncertainty due to the end of the U.S. federal government shutdown was reported to have supported short-term investor sentiment.
  • Bitcoin's kimchi premium was reported at 1.81%.
photo = Shutterstock
photo = Shutterstock

Bitcoin (BTC) temporarily recovered to the 103,000 dollar level.

As of 15:10 on the 13th, Bitcoin is trading on the Binance USDT market at 103,091 dollars (based on Upbit KRW 154,210,000), down 0.30% from the previous day. According to CrypPrice, Bitcoin's kimchi premium that day was recorded at 1.81%.

Market participants say that U.S. President Donald Trump officially signing the bill to end the federal government shutdown, which eased policy uncertainty, supported short-term investor sentiment.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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