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[Asia Economy Reporter Ji-hwan Park] Virtual currencies, including Bitcoin, are on a continuous upward trend. This is attributed to the significant release of risks related to the novel coronavirus infection (COVID-19) following nearly a month-long crash.


According to the virtual currency exchange Bithumb on the 20th, as of 1:46 PM, Bitcoin is trading at 7,799,000 KRW, up 7.19% (523,000 KRW) compared to 24 hours earlier. The trading volume for the day is approximately 167.6 billion KRW.


Most other virtual currencies are also rising. Ethereum (8.94%), Ripple (5.03%), Bitcoin SV (28.43%), Bitcoin Cash (18.16%), and EOS (10.17%) are showing significant gains.


The overseas market situation is even more positive. According to the virtual currency market data company CoinMarketCap, at the same time, Bitcoin is recorded at $6,034.59, up 14.08% compared to 24 hours earlier.



Other virtual currencies also showed upward trends. Ethereum (13.92%), Litecoin (10.82%), Ripple (8.27%), and EOS (12.38%) all increased.


This content was produced with the assistance of AI translation services.

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