Bitcoin Soars 15% in Overseas Markets

[Asia Economy Reporter Minji Lee] Most cryptocurrencies, including Bitcoin, the number one cryptocurrency by market capitalization, are showing a sharp rise. In the domestic market, Bitcoin is priced at 14.7 million KRW, while in the overseas market it is around 13,100 USD.


[Image source=Yonhap News]

[Image source=Yonhap News]

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As of 7:59 AM on the 22nd, according to the cryptocurrency exchange Upbit, Bitcoin recorded 14.771 million KRW, up 8.24% (1.125 million KRW) from the previous session. The daily trading volume is about 84 billion KRW.


Among other cryptocurrencies, Ripple (2.15%), Bitcoin Cash (7.66%), Cardano (2.54%), TRON (1.01%), Litecoin (13.5%), and Ethereum (5.7%) mostly showed upward trends.


According to another cryptocurrency exchange Bithumb, Bitcoin was traded at 14.689 million KRW, up 2.31% (332,000 KRW) from 24 hours ago.


Among other major cryptocurrencies, Ethereum (1.64%), Bitcoin Cash (0.51%), Litecoin (2.88%), EOS (0.07%), and Bitcoin SV (0.07%) also rose.


Bitcoin’s upward trend was more pronounced in the overseas market. According to cryptocurrency market data provider CoinMarketCap, at the same time, Bitcoin recorded 13,103.75 USD, up 15.08% from 24 hours ago.



Most other cryptocurrencies also rose. Ethereum (5.85%), Bitcoin Cash (3.06%), Chainlink (2.11%), and Litecoin (9.62%) are maintaining their upward momentum.


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

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