Bitcoin slips to around $68,000 on profit-taking before $70,000 mark [Crypto Briefing]

[The Financial News] Bitcoin fell to around the $68,000 level on the 4th. The decline appears to be driven by some investors taking profits after the recent rally.
According to global digital asset data platform CoinMarketCap, Bitcoin was trading at around $68,000 as of 10:20 a.m. that day, down 1.42% over the past 24 hours. Over the past week, Bitcoin has risen 3.13%.
In the Korean won market, Bitcoin is trading around 100 million won. Based on global crypto market comparison platform Cryprice, the Korea premium stands at -0.73%.
Despite recent airstrikes by the United States of America (U.S.) on the Islamic Republic of Iran, Bitcoin climbed to about $69,000 the previous day, coming close to reclaiming the $70,000 level. It has since edged down slightly.
As markets, particularly the Korea Composite Stock Price Index (KOSPI) and other Asian stock markets, deteriorated, investor sentiment also appears to have weakened. The KOSPI index closed at 5,791.91, down 452.22 points (7.24%) from the previous session, while Japan’s Nikkei Stock Average (Nikkei 225) ended the day at 56,279.05, a drop of 3.06%. On the 3rd (local time), the New York Stock Exchange (NYSE) also finished lower across the board.
The Crypto Fear and Greed Index provided by CoinMarketCap stood at 19 that day, signaling "extreme fear," down from 20 the previous day. The index ranges from 0 to 100, with values near 0 indicating "extreme fear" and those near 100 interpreted as "extreme greed."
At the same time, Ethereum was trading around $1,973, down 3.05% over the past 24 hours. Ripple (XRP) was at about $1.35, a decline of 2.20%.

yimsh0214@fnnews.com Im Sang-hyuk Reporter