Bitcoin Rises to the $67,000 Level as Dip Buyers Step In [Crypto Briefing]

According to The Financial News, Bitcoin climbed to around $67,000 on the 31st as dip-buying demand emerged.
Data from global crypto information platform CoinMarketCap showed that, as of 10:30 a.m. that day, Bitcoin was trading around $67,000, up 2.02% over the previous 24 hours. Over the past week, however, Bitcoin has fallen 3.47%.
In the Korean won market, Bitcoin is trading at around 103 million won. Based on figures from global crypto market comparison platform Cryprice, the Korea premium stands at -0.49%.
The recent decline in Bitcoin triggered by the Middle East crisis appears to have attracted bargain hunters. Bitcoin fell from about $71,000 on the 25th to the $65,000 level the previous day.
Markets overall remain in wait-and-see mode over the situation in the Middle East. On the 30th (local time), the three major U.S. stock indices ended mixed. The Dow Jones Industrial Average (DJIA) rose 49.50 points, or 0.11%, to close at 45,216.14, while the S&P 500 Index fell 25.13 points, or 0.39%, to 6,343.72. The NASDAQ Composite Index (NASDAQ) dropped 153.72 points, or 0.73%, finishing at 20,794.64.
The Crypto Fear and Greed Index provided by CoinMarketCap stood at 30 that day, indicating a state of "fear." 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 $2,073, up 3.30% from the previous day. Ripple (XRP) was at about $1.33, a gain of 0.04%.

yimsh0214@fnnews.com Im Sang-hyuk Reporter