Bitcoin Trades Slightly Rebounded at $114,000 [CryptoBriefing]

[Financial News] Bitcoin is trading at a slightly rebounded $114,000 on the 4th. As the recent continuous decline is observed, investors are moving to buy at the bottom.
According to the global virtual asset information platform CoinMarketCap, Bitcoin is trading at $114,000 as of 10 a.m. today, up 1.77% from the previous day (24-hour basis).
Bitcoin is trading at 160 million won in the won market. According to the global virtual asset market comparison platform Cryprice, the Korean premium is 1.33%.
Bitcoin showed a steady trend between $116,000 and $118,000 last week, but has been declining since the 1st. It fell to $112,000 the previous day and rebounded today.
It is interpreted as an effect of boosting investment sentiment as Eric Trump, the second son of U.S. President Donald Trump, recommended buying virtual assets. Eric Trump announced on his personal SNS on the 2nd (local time) to "buy Bitcoin and Ethereum at low prices."
Altcoins are also rebounding. At the same time, Ethereum is trading at $3,546, up 1.40% from the previous day. XRP (Ripple) is trading at $3.01, up 8.17%.


yimsh0214@fnnews.com Im Sang-hyuk Reporter