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[Market Update] Bitcoin (BTC) briefly recovers to $105,000... Kimchi Premium at 0.71%

Source
Minseung Kang
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  • Bitcoin briefly recovered to $105,000, rising 2.37% from the previous day.
  • The main reasons cited were optimistic outlooks on U.S. virtual asset policies and increased inflows into spot ETFs.
  • The Kimchi Premium for Bitcoin is reported to be 0.71%.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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Bitcoin (BTC) briefly recovered to $105,000.

As of 11:40 PM on the 16th, BTC is trading at $105,170 on the Binance USDT market, up 2.37% from the previous day (152.23 million KRW on the Upbit exchange). Bitcoin hit an intraday high of $106,648, driven by optimistic outlooks on U.S. virtual asset policies and increased inflows into spot ETFs.

Meanwhile, according to Cryprice, the Kimchi Premium for major virtual assets, including Bitcoin (BTC), is at 0.71%.

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minriver@bloomingbit.ioBloomingbit reporter