Bitcoin Sees Minor Correction Around $92,000 as Investors Take Profits [Crypto Briefing]

[Financial News] On the 7th, Bitcoin (BTC) fell to the $92,000 level as some investors took profits.
According to global digital asset information platform CoinMarketCap, as of 10:30 a.m. today, BTC was trading at around $92,000, down 1.72% from the previous day (24-hour basis). Over the past week, BTC has risen 4.29%.
BTC is trading at approximately 134 million KRW on the Korean won market. According to global digital asset comparison platform Cryprice, the Korea premium stands at 0.33%.
Since the beginning of the year, BTC has remained above the $90,000 mark. The previous day, it even reached $94,000. As it surpassed $90,000 for the first time in about a month since March 14, some investors appear to have realized profits.
In the securities industry, expectations for the passage of the 'Clarity Act,' a market structure bill anticipated to be discussed this year, are believed to have driven the price increase.
Hong Jin-hyun, a researcher at Samsung Securities, explained, "The crypto market saw a slight uptick on the back of expectations for regulatory clarity as the U.S. Congress resumes discussions on the Clarity Act. The market anticipates that a more accommodative macro environment and progress in regulatory clarity will lead to a gradual upward trend in the crypto market."
The 'Crypto Fear & Greed Index' provided by CoinMarketCap showed a neutral reading of 49 today. The index ranges from 0 to 100, with values closer to 0 indicating 'extreme fear' and those near 100 signifying 'extreme greed.'
At the same time, Ethereum was trading at $3,245, up 0.33% from the previous day. XRP was down 5.44%, trading at $2.25.

yimsh0214@fnnews.com Im Sang-hyuk Reporter