Bitcoin KRW (BTC-KRW)
| Previous Close | 92,222,120.00 |
| Open | 92,222,120.00 |
| Day's Range | 90,941,208.00 - 92,705,656.00 |
| 52 Week Range | 31,733,496.00 - 98,649,152.00 |
| Start Date | 2010-07-13 |
| Algorithm | N/A |
| Market Cap | 1,794.277T |
| Circulating Supply | 19.69M |
| Max Supply | N/A |
| Volume | |
| Volume (24hr) | 33.96T |
| Volume (24hr) All Currencies | 33.96T |
- Yahoo Finance Video
Bitcoin could reach $150k by year's end: SunnySide Digital CEO
Bitcoin prices (BTC-USD) are rallying after the highly anticipated halving event occurred on Friday. SunnySide Digital Founder and CEO Taras Kulyk joined Yahoo Finance to discuss the outlook for the cryptocurrency in the post-halving landscape. Kulyk notes that the rally in bitcoin prices this year was attributed to factors such as geopolitical instability and the introduction of spot bitcoin exchange-traded funds (ETFs) that saw massive inflows. Since the halving, he points out that new protocols have launched, driving "developer and transaction fee" values for mining companies. According to Kulyk, this current halving demonstrated "the adoption, integration [of bitcoin] into overall global portfolios." With bitcoin increasingly being viewed as "a supplement to gold" in various global markets, he describes it as "a safe-haven asset." Kulyk foresees bitcoin prices potentially reaching the $100,000 to $150,000 threshold by the end of 2024. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Bitcoin mining still profitable post-halving: Fireblocks CEO
The highly anticipated bitcoin (BTC-USD) halving took place on Saturday, April 20, a process in which the reward for bitcoin miners is reduced by half. This event which happens once every four years operates to control the number of bitcoins in circulation. Fireblocks CEO Michael Shaulov joins Yahoo Finance to discuss the implications of this event for bitcoin miners. Shaulov notes that bitcoin mining activity is continuing, with many miners "investing" in the belief that they will be compensated due to the halving event. He explains that there are two primary sources of rewards for bitcoin miners: "solving a puzzle... that secures the bitcoin network" and navigating the fees that users are willing to pay for bitcoin transactions. When asked about the potential integration of artificial intelligence (AI) in bitcoin mining, Shaulov states that given the current Bitcoin prices, "this is still quite profitable for miners." He does not believe that AI poses "a hedge" for bitcoin miners at the moment. As regulatory frameworks become more robust and spot bitcoin ETFs continue to gain traction, Shaulov anticipates the investor base could expand and drive prices upward across the cryptocurrency landscape. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Bitcoin, oil, gold: Morning price check
Bitcoin (BTC-USD) rose slightly on Monday morning following the much-anticipated halving. Meanwhile, oil (CL=F, BZ=F) and gold (GC=F) prices are trading slightly lower as geopolitical tensions ease. Yahoo Finance's Madison Mills recaps the latest market action on the full episode of Morning Brief. This post was written by Stephanie Mikulich.
