Bitcoin has entered a period of consolidation at around $104,000.
According to the global cryptocurrency market tracking site CoinMarketCap, as of 8 a.m. on the 5th, the price of Bitcoin is $104,858 (approximately 142.97 million won). This is a decrease of 0.89% compared to the previous day. At the same time, the price of Ethereum is $2,607 (approximately 3.55 million won), up 0.08% from the previous day.
Meanwhile, reports have emerged that Trump Media & Technology Group (TMTG), owned by U.S. President Donald Trump, is preparing to launch a Bitcoin exchange-traded fund (ETF). According to CNBC, the New York Stock Exchange (NYSE) Arca, which handles ETF listings, recently submitted a Bitcoin ETF listing application linked to Truth Social, owned by TMTG.