Bitcoin, a representative cryptocurrency (virtual currency), is rapidly rebounding.
As of 10:40 am on the 26th (Korean time), Bitcoin is recording $51,599, up 3.28% from the previous 24 hours on CoinMarket Cap.
Bitcoin fell to $47,250 a few hours ago, but is rebounding sharply. Bitcoin’s surge is attributed to low-cost buying.
Bitcoin has been in a buy-sell battle at around $50,000 since last weekend. If it exceeded 50,000 dollars, profit-taking sales came out, and if it fell below 50,000 dollars, a low-priced buying tax was inflow.
However, as Bitcoin exceeded the resistance of $50,000 and reached the $51,000 level, expectations for further gains are emerging.
At the same time, Bitcoin is being traded at Upbit, a Korean exchange, for 62 million won, up 3.66% from 24 hours ago.