Bitcoin Trades Sideways at the $81,000 Level as It Watches the U.S.-China Summit [Crypto Briefing]

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\r\n[Financial News] Bitcoin was trading around the $81,000 level on the 11th as investors watched the outcome of the U.S.-China summit.
According to CoinMarketCap, Bitcoin was trading at around $81,000 as of 10:10 a.m. that day, up 0.90% from 24 hours earlier. Over the past week, Bitcoin has gained 3.67%.
In the KRW Market, Bitcoin was trading at around 119 million won. Based on Cryprice, the Korean premium stood at -0.02%.
Bitcoin has held in the $80,000 to $81,000 range from the 8th through the 11th. While ceasefire talks between the U.S. and Iran remain at an impasse, market attention has turned to the U.S.-China summit.
Donald Trump is scheduled to arrive in China on the 13th local time and begin talks with Xi Jinping from the 14th. The two countries, which fought a tariff war last year before agreeing to a truce, are likely to discuss rare-earth elements at the meeting.
CoinMarketCap's Crypto Fear and Greed Index stood at 52 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 $2,348, up 1.15% from the previous day. Ripple (XRP) was trading around $1.45, up 2.92%.
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yimsh0214@fnnews.com Lim Sang-hyuk Reporter