[Bitcoin Now] Risk Asset Appetite Expands... Surpasses 60 Million Won Level

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[Asia Economy Reporter Minji Lee][Asia Economy Reporter Minji Lee] Bitcoin, the cryptocurrency with the largest market capitalization, is showing an upward trend in both domestic and international markets. In the domestic market, it has surpassed 60 million KRW, and in the international market, it has nearly reached the $50,000 mark.

According to Upbit, a domestic cryptocurrency exchange, at 2:22 PM on the 22nd, Bitcoin was priced at 60,243,000 KRW, up 0.37% (220,000 KRW) compared to the previous trading day. The daily trading volume is around 345.2 billion KRW.

Bitcoin is also showing an upward trend on another exchange, Bithumb. At the same time, Bitcoin was priced at 60,036,000 KRW, up 0.51% (307,000 KRW). Most other coins are maintaining an upward trend as well. Ethereum (0.55%), Ripple (7.83%), EOS (1.66%), TRON (1.35%), ADA (1.66%), Stellar Lumens (2.52%), and Chainlink (3.11%) all maintained gains.

Bitcoin is also rising on overseas exchanges. It is priced at $49,210.82, up 1.04% compared to the previous trading day. Ethereum (0.38%), Binance Coin (0.67%), Solana (2.06%), Cardano (3.21%), XRP (8.55%), and Terra (12.48%) are also showing upward trends.

Due to the spread of the Omicron variant and tightening policies by major central banks, there has been a strong preference for safe-haven assets, causing Bitcoin to undergo corrections. However, as investment sentiment toward risk assets improves and stock markets in major countries including the U.S. rebound, Bitcoin is also showing an upward trend.

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