As of 3:05 pm on the 27th, the price of Bitcoin in South Korea was down 0.72% from the previous day to 151,111,000 won (approximately 15.79 million yen) based on BitTorrent.
At the same time, the price of Bitcoin overseas, based on CoinMarketCap, was down 0.67% from the same time the previous day to $109,061 (approximately JPY 15.6 million).
In the early hours of the same day, Bitcoin again surpassed $110,000, but has now fallen to the $108,000 range and is entering a correction phase.
However, some analysts say that demand from institutional investors remains strong.
On the 1st, the Bitcoin futures premium rose to 8%, and as a result, demand for Bitcoin "long positions" increased.
This means that there are still many people betting on "long positions" in the futures market. In relation to this, Cointelegraph reported that "Even if Bitcoin falls again to $105,000, investors
"There will be no major worries about the possibility of a correction," he said. Investor sentiment for virtual assets also improved from the previous day. On the same day, the virtual asset data platform Alternative.me
According to the Investor Forum, the Crypto Greed Public Index rose one point from the previous day to 74 points, putting it in a "greedy" state. The index is a numerical value ranging from 0 to 100 that indicates the demand for virtual asset investment, with 100 being the highest.
The closer it is to this, the greater the demand.
2025/05/27 15:30 KST
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