Bitcoin, which once approached $120,000, has taken a breather around the $109,000 mark.
According to the global virtual asset market tracking site CoinMarketCap on the 28th, the price of Bitcoin was trading at $109,022 (approximately 150 million won) as of 8 a.m. that day. This is a decrease of 0.21% compared to the previous day. At the same time, Ethereum was trading at $2,660 (approximately 3.66 million won), down 0.19% compared to the previous day.
Bitcoin briefly surpassed the $110,000 mark on the 23rd and 27th, but dropped slightly again without touching $120,000. As Bitcoin has rallied recently, the interest of institutional investors in Bitcoin has grown even more. MicroStrategy, the company that holds the most Bitcoin among U.S. listed companies, recently announced it purchased $427.1 million (approximately 587.7 billion won) in Bitcoin. The company holds 580,250 Bitcoin. Trump Media, a social media company owned by U.S. President Donald Trump, raised $2.5 billion from corporate investors to purchase Bitcoin.