Bitcoin fluctuates around $78,000 as Middle East talks stall and regulations advance [Crypto Briefing]

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[Financial News] Bitcoin is holding above the $78,000 level on the 4th, as ceasefire talks between the US and Iran face difficulties while cryptocurrency regulation makes progress.
According to CoinMarketCap, Bitcoin was trading around $78,000 as of 10:20 a.m., up 0.24% from the previous day on a 24-hour basis. Over the past week, Bitcoin has fallen 0.71%.
Bitcoin is trading at around 116 million won in the KRW Market. Based on Cryprice, the Korea premium stands at 0.56%.
The US and Iran remain at odds over the terms of a deal. After the US proposed a nine-point ceasefire plan, Iran countered with a revised 14-point proposal. In response, US President Donald Trump said in an interview with a foreign media outlet, "I reviewed it, but it is unacceptable."
However, investor sentiment did not weaken significantly as discussions on the Digital Asset Market Clarity Act, a bill to regulate the cryptocurrency market, made progress. The United States Senate recently finalized a compromise version of the act. The Blockchain Association, which includes global crypto companies such as Coinbase and Circle, called it "progress in the right direction."
The Crypto Fear and Greed Index, provided by CoinMarketCap, stood at 44 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 around $2,273, up 0.33% from the previous day. Ripple (XRP) was trading around $1.38, down 0.11%.
yimsh0214@fnnews.com Lim Sang-hyeok Reporter