The virtual asset market, including Bitcoin (BTC), is showing a collective weakness. This appears to be due to ongoing tensions in the Middle East, with Donald Trump stating he will decide whether to attack Iran within two weeks while again pressuring them to abandon nuclear weapon development.
According to CoinMarketCap, a global virtual asset market tracking site, as of 8 AM on the 20th, BTC was traded at $104,635.50, a 0.21% decrease from the previous day. The altcoin leader Ethereum (ETH) recorded $2,524.68, down 0.04%. XRP was traded at $2.16 per coin, down 0.21%. Solana (SOL) recorded $147.08, a 0.3% decline.
President Trump, in a statement read by White House spokesperson Caroline Rabbit, stated that he will decide within two weeks whether to attack Iran based on the significant possibility of negotiations that may or may not occur in the near future. This is interpreted as an ultimatum, attempting to negotiate Iran's abandonment of nuclear weapon development and threatening an attack if a satisfactory agreement is not reached within two weeks.
In contrast, domestic exchanges show a slight increase. At Bithumb, BTC recorded 144,981,000 won, up 0.21% from the previous day. ETH rose 0.89% to 3,499,000 won, and XRP increased 0.60% to 3,003 won.
The Crypto Fear and Greed Index from virtual asset data analysis company Alternative.me rose 5 points from the previous day to 57 points, transitioning to a 'greed' state. This index indicates that the closer to 0, the more constrained the investment sentiment, while closer to 100 indicates market overheating.
- Reporter Shin Jung-seop
< Copyright ⓒ Decenter, unauthorized reproduction and redistribution prohibited >
