Bitcoin Sees Modest Rebound to $88,000 in the New Year [Crypto Briefing]

[Financial News] On January 2, Bitcoin (BTC) is trading at around $88,000 after a slight rebound. Investor sentiment has also shown some improvement.
According to CoinMarketCap, as of 10 a.m. on this day, BTC was trading at approximately $88,000, up 1.10% over the previous 24 hours. Over the past week, BTC has risen by 1.68%.
In the Korean won market, BTC is trading around 128 million KRW. According to global crypto price comparison platform Cryprice, the Korea premium stands at 0.67%.
BTC briefly reached the $90,000 mark on December 29 but declined afterward, hovering between $86,000 and $88,000 at the end of the year. On December 31, just before the new year at around 11 p.m., it climbed to $89,000, then dropped to $87,000 at the start of the year before rebounding to $88,000 today.
In the securities industry, there are expectations that the passage of the 'Clarity Act' in the U.S. early this year could bring renewed momentum to the crypto asset sector. Sung-wook Hong, a researcher at NH Investment & Securities, noted, “Crypto assets typically decline at the end of the year. If discussions on the Clarity Act gain traction early this year, companies related to crypto assets may once again attract attention.”
Investor sentiment is also gradually recovering. The Crypto Fear and Greed Index provided by CoinMarketCap registered 34 on this day, indicating 'fear,' but this is an improvement from last week’s score of 27. The index ranges from 0 to 100, where lower values indicate 'extreme fear' and higher values signify 'extreme greed.'
At the same time, Ethereum was trading at $3,001, up 0.82% from the previous day. Ripple (XRP) rose 1.90% to $1.87.

yimsh0214@fnnews.com Im Sang-hyuk Reporter