Bitcoin rebounded above $81,000 during intrad trading, Pepe surged 9%, and rising Asian chip stocks boosted the crypto market.
Bitcoin rebounded above $81,000 during intraday trading, with Pepe up 9%, as gains in Asian chip stocks boosted the crypto market. This follows Bitcoin's dip below $80,000 on Tuesday, while it has risen approximately 0.8% to $81,400 since Monday (UTC). Ethereum rose 0.9%, and the CoinDesk Memecoin Index gained 1.3%. The KOSPI index surged 6.6%, with SK Hynix soaring about 11% after reporting a sevenfold increase in profit. Nasdaq 100 futures were up 0.5%. The Federal Reserve is set to announce its U.S. interest rate decision at 18:00 GMT, with the CME FedWatch Tool indicating an approximately 92% probability of rates remaining unchanged.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
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SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
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SK Hynix is up 5.26% from its previous close, now trading at ₩1,411,500.
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SK Hynix is up 8.72% from its previous close, now trading at ₩1,458,000.
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South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
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