Summary
- Bitcoin (BTC) reportedly briefly recovered $106,000.
- The core PCE index matched market expectations, and it was noted that rate cut expectations are reflected only to a limited extent.
- The Kimchi Premium for major crypto assets such as Bitcoin was reported to have slightly increased to 1.39%.
Bitcoin (BTC) briefly regained the $106,000 level.
As of 21:50 on the 30th (Binance USDT market), BTC price is trading at $105,860 (₩148,140,000 based on Upbit exchange), a 2.42% decrease from the previous day. The Core PCE index released on the same day matched market expectations, leading to interpretations that expectations for a rate cut are only partially reflected.
Meanwhile, according to Cryprice, the Kimchi Premium for major crypto assets (cryptocurrencies) such as Bitcoin (BTC) has slightly increased, recording 1.39%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
