[Market] Bitcoin briefly rebounds to $68,000… Kimchi premium at -0.14%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) was reported to have risen 2.07% from the previous day to $68,033.
  • Based on domestic exchanges, Bitcoin’s (BTC) kimchi premium was said to be -0.14%.
  • It was reported that the market simultaneously reflected President Trump’s remarks on the possibility of progress in negotiations with Iran and his warning of strikes on energy infrastructure.

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Photo = Shutterstock
Photo = Shutterstock

Bitcoin (BTC) briefly recovered to $68,000.

As of 22:23 on the 24th, BTC was trading at $68,033, up 2.07% from the previous day on Binance’s USDT market (KRW 100.31 million on Upbit).

Meanwhile, according to CryptoPrice, the kimchi premium for major crypto assets such as Bitcoin (BTC) stood at -0.14%.

After President Trump mentioned the possibility of progress in negotiations with Iran while warning of strikes on energy infrastructure, markets were seen as simultaneously pricing in expectations of easing tensions and lingering risk factors.

Minseung Kang

Minseung Kang

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