Summary
- Bitcoin (BTC) briefly reclaimed the $70,000 level, up 2.09% from the previous day.
- According to the crypto data platform CryptoPrice, bitcoin’s Korea premium was calculated at 1.78%.
- The move was driven by expectations for passage of the Clarity Act and remarks about establishing federal rules for digital assets.
Bitcoin (BTC) briefly reclaimed the $70,000 level.
As of 14:20 on the 15th, bitcoin was trading at $70,316 on Binance’s USDT market (KRW 103.47 million on Upbit), up 2.09% from the previous day.
Meanwhile, according to the crypto data platform CryptoPrice, bitcoin’s Korea premium was tallied at 1.78% on the day. This indicates it is trading at a lower price on domestic exchanges than in the global market.
The rally was underpinned by expectations that the Clarity Act, a crypto market structure bill, will pass. Earlier, U.S. Treasury Secretary Scott Bessent said, “Congress will create federal rules for digital assets by spring,” adding that “if the bill passes, U.S. President Donald Trump will sign it immediately.”
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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