[Market] Bitcoin Reclaims $71,000… Trump: “Talks With Iran, Military Strike Deferred for 5 Days”

Source
Minseung Kang

Summary

  • Bitcoin (BTC) was reported to have briefly reclaimed $71,000.
  • As of 8:13 p.m. on the 23rd, the BTC price was said to be trading at $71,045, up 3.71% from the previous day.
  • The kimchi premium on major crypto assets came in at -0.30%, and President Trump’s remarks about deferring a military strike for five days were seen as reflecting expectations of easing geopolitical tensions.

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Bitcoin (BTC) briefly regained the $71,000 level.

As of 8:13 p.m. on the 23rd, BTC was trading at $71,045, up 3.71% from the previous day on Binance’s USDT market (KRW 106.10 million on Upbit).

Meanwhile, according to CryptoPrice, the “kimchi premium” on major crypto assets (cryptocurrencies) including Bitcoin (BTC) stood at -0.30% on the day.

The move is seen as reflecting expectations for easing geopolitical tensions after President Trump cited progress in talks with Iran and said he would defer a military strike for five days.

Minseung Kang

Minseung Kang

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