Bitcoin Trades in the $76,000 Range After Trump Says Ceasefire Will Be Extended [Crypto Briefing]

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\r\n[The Financial News] Bitcoin is trading in the $76,000 range on the 22nd. It fell right after the confirmation hearing for Kevin Warsh, a nominee for chair of the Federal Reserve System (Fed), but recovered after Trump said he would extend the ceasefire with Iran.
According to global crypto data platform CoinMarketCap, Bitcoin was trading at around $76,000 as of 11:10 a.m., up 0.61% from the previous day on a 24-hour basis. Over the past week, Bitcoin has risen 2.17%.
Bitcoin is trading in the 113 million won range on the Korean won market. Based on global crypto market comparison platform Cryprice, the Korea premium stood at -0.08%.
Bitcoin briefly fell to the $74,000 range earlier in the day. The decline was attributed to remarks Warsh made at a hearing on the 21st local time, where he said, "Presidents tend to favor lower interest rates, but the Fed's independence is up to the Fed."
It later turned upward again in the afternoon. The move appeared to be driven by Trump's strong signal that he wants a peace deal with Iran. On the same day, Trump said on Truth Social, "I will extend the ceasefire until the talks are concluded one way or the other."
The Crypto Fear and Greed Index provided by CoinMarketCap stood at 56 on the day, indicating "neutral." The index ranges from 0 to 100, with values closer to 0 interpreted as "extreme fear" and those closer to 100 as "extreme greed."
At the same time, Ethereum was trading in the $2,321 range, up 0.45% from the previous day. Ripple (XRP) was trading in the $1.42 range, up 0.11%.
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yimsh0214@fnnews.com Lim Sang-hyuk Reporter