Bitcoin Holds at the $62,000 Level; ETFs Turn to Buying After 15 Trading Days [Crypto Briefing]

[Financial News] Bitcoin was trading at around $62,000 on the 9th. Buying interest is returning, with Bitcoin exchange-traded fund (ETF) flows turning net positive for the first time in 15 trading days.
According to global crypto data platform CoinMarketCap, Bitcoin was trading at around $62,000 as of 10:15 a.m., down 0.93% from the previous day on a 24-hour basis. Over the past week, Bitcoin has fallen 12.07%.
In the Korean won market, Bitcoin is trading at around 94 million won. Based on global crypto market comparison platform Cryprice, the Korea premium stood at -1.51%.
After Bitcoin briefly fell to the $59,000 range on the 6th, some bargain hunting emerged, helping it stay in the $62,000 to $63,000 range.
Institutional money has also turned back to buying. According to CoinMarketCap, institutions recorded net selling in Bitcoin ETFs for 15 consecutive trading days from the 15th of last month through the 5th, but posted net buying on the 8th.
CoinMarketCap's Crypto Fear and Greed Index also stood at 15 on the day, indicating 'extreme fear.' 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 at around $1,663, down 1.41% from the previous day. Ripple (XRP) was trading at around $1.15, down 0.40%.


yimsh0214@fnnews.com Lim Sang-hyuk Reporter