Bitcoin Rebounds to Around $68,000 Despite Shock of Iran Airstrikes [Crypto Briefing]

[Financial News] Bitcoin climbed back to around $68,000 on the 3rd, despite market shock from airstrikes on Iran.
According to global digital asset data platform CoinMarketCap, Bitcoin was trading around $68,000 as of 10 a.m. that day, up 3.68% over the previous 24 hours. Over the past week, Bitcoin has risen 6.53%.
In the Korean won market, Bitcoin was trading around 101.2 million won. Based on global digital asset price comparison platform Cryprice, the so‐called Korea premium stood at 0.25%.
Bitcoin had fallen to around $63,000 on the 28th of last month, immediately after the United States and Israel announced airstrikes on Iran, but has since turned upward. Analysts attribute this to the fact that uncertainty eased early on, as US strikes against Iran’s military leadership were carried out swiftly.
Investor sentiment is actually showing signs of recovery. The "Crypto Fear and Greed Index" provided by CoinMarketCap stood at 20 that day, indicating "fear," but this was up from 15 the previous day. The index ranges from 0 to 100, with values near 0 interpreted as "extreme fear" and those near 100 as "extreme greed."
At the same time, Ethereum was trading around $2,031, up 3.38% from the previous day. Ripple (XRP) was changing hands around $1.38, a gain of 1.65%.


yimsh0214@fnnews.com Reporter Lim Sang-hyuk Reporter