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CoinDesk·3 min read·medium

Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto

O
Oliver Knight
Bitcoin steadies at $62,600 as South Koreans flee stocks rout for crypto
AI Summary

Bitcoin prices remained stable near $62,600 as South Korean investors shifted capital from equities to crypto. Meanwhile, U.S. markets showed mixed results amid geopolitical tensions involving Iran.

Ether (ETH) tracked the larger cryptocurrency, trading in a relatively tight $1,770-$1,790 range. Trading volume across ETH pairs increased by 2.2% to $8.95 billion over the past 24 hours, suggesting a healthy balance of buyers and sellers rather than opposed to apathy.

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