Bitcoin on Upbit spiked to approximately $63,300 and is now reported at $83,430.
Odaily Planet Daily News reported that the market showed that Bitcoin on Upbit dipped below 90 million Korean won (approximately $63,300), currently reported at 118 million Korean won (approximately $83,430).
According to previous reports, as political conflicts in South Korea escalated, President Yoon Suk-yeol announced an "emergency martial law" late at night. The main opposition party, the Democratic Party, gathered members to the National Assembly, leading to the Korean won giving back its gains, and the US dollar continued to rise against the won, with an intraday increase of 1.2%. The leader of the ruling party, Han Dong-hoon, opposed the president's implementation of martial law, stating that the announcement was a mistake and vowed to prevent this measure.
Bitcoin on Upbit spiked to approximately $63,300 and is now reported at $83,430.
Odaily Planet Daily News reported that the market showed that Bitcoin on Upbit dipped below 90 million Korean won (approximately $63,300), currently reported at 118 million Korean won (approximately $83,430).
According to previous reports, as political conflicts in South Korea escalated, President Yoon Suk-yeol announced an "emergency martial law" late at night. The main opposition party, the Democratic Party, gathered members to the National Assembly, leading to the Korean won giving back its gains, and the US dollar continued to rise against the won, with an intraday increase of 1.2%. The leader of the ruling party, Han Dong-hoon, opposed the president's implementation of martial law, stating that the announcement was a mistake and vowed to prevent this measure.
