Bitcoin Rebounds to Around $89,000 on Strong Nasdaq Tech Rally [Crypto Briefing]

[The Financial News] Bitcoin (BTC) rebounded to around $89,000 on the 28th, lifted by gains in New York tech stocks.
According to global digital asset data platform CoinMarketCap, BTC was trading around $89,000 as of 10:30 a.m., up 0.95% over the past 24 hours. Over the past week, BTC has risen 0.22%.
In the Korean won market, BTC is trading around 129 million won. Based on global crypto market comparison platform Cryprice, the Korea premium stands at 1.32%.
The digital asset market is showing improved investor sentiment on the back of a tech-stock rally in the New York market. On the 27th (local time), the tech-heavy Nasdaq climbed 215.74 points, or 0.91%, to close at 23,817.10. The move is seen as reflecting easing concerns over an artificial intelligence (AI) bubble.
In fact, the Crypto Fear and Greed Index provided by CoinMarketCap stood at 37 on the day, indicating "fear," up from 35 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 $3,008, up 2.73% from a day earlier. Ripple (XRP) was changing hands around $1.89, down 0.15%.

yimsh0214@fnnews.com Im Sang-hyuk Reporter