Bitcoin Rebounds to Around $89,000 After Trump Withdraws ‘Greenland Tariffs’ Plan [Crypto Briefing]

According to The Financial News, Bitcoin (BTC) climbed to around $89,000 on the 22nd after Donald Trump announced he would withdraw his so-called "Greenland tariffs" plan.
Data from global digital asset information platform CoinMarketCap shows BTC trading around $89,000 as of 10:10 a.m. that day, up 1.15% over the previous 24 hours. Over the past week, BTC has fallen 7.14%.
In the KRW Market, BTC is trading around 133 million won. Based on global digital asset market comparison platform Cryprice, the Korea premium stands at 1.00%.
On the 21st (local time), Trump stated at the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, that he would not impose tariffs on major European countries that had been scheduled to take effect on the 1st of next month. Previously, he had announced plans to levy a 10% tariff starting next month, rising to 25% in June, on eight European countries that opposed the U.S. intention to annex Greenland.
The U.S. stock market also finished higher across the board. On the 21st (local time), the Dow Jones Industrial Average (DJIA) jumped 588.64 points, or 1.21%, to close at 49,077.23. The S&P 500 (Standard & Poor's 500 Index) gained 78.76 points, or 1.16%, to end at 6,875.62, while the Nasdaq Stock Market (Nasdaq) rose 270.50 points, or 1.18%, to 23,224.83.
Investor sentiment improved slightly as well. The Crypto Fear and Greed Index provided by CoinMarketCap stood at 34, indicating "fear," up modestly from 32 the previous day. The index ranges from 0 to 100, with readings near 0 interpreted as "extreme fear" and those near 100 as "extreme greed."
At the same time, Ethereum was trading around $3,013, up 1.87% from the previous day. Ripple (XRP) was changing hands at about $1.95, a gain of 2.39%.

yimsh0214@fnnews.com Lim Sang-hyuk Reporter