[Market Update] Bitcoin Recovers to $99,000, Advancing Towards $100,000

Suehyeon Lee

Summary

Bitcoin has recovered to $99,000 and is advancing towards the goal of $100,000.
On the Upbit KRW market, Bitcoin is trading at 146,008,000 KRW, up 0.9% from the previous day.
Most major altcoins, including Ethereum, are also on the rise.

Bitcoin (BTC) is showing relentless progress towards $100,000 after recovering to the $99,000 level.

As of 11:06 AM on the 6th, Bitcoin is trading at $99,125.02 on CoinMarketCap, up 1% from the previous day. On the Upbit KRW market, it is trading at 146,008,000 KRW, up 0.9% from the previous day.

Meanwhile, major altcoins, including Ethereum (ETH), are also mostly on the rise. Ethereum is trading at $3,655.85 on CoinMarketCap, up 0.52% from the previous day, and Ripple is trading at $2.44, up 1.96% from the previous day.

Additionally, Binance Coin (BNB) is trading at $714.21 on CoinMarketCap, up 0.42% from the previous day, and Solana (SOL) is also up 0.06%, recording $215.89.