BTC’s Wild Ride: $63K to $96K on Upbit After Martial Law Repeal

Quick Summary:

Bitcoin’s value plunged to $63,000—a 30% drop—on South Korea’s Upbit exchange following the nation’s shocking martial law declaration.

This move triggered widespread panic among investors, causing significant sell-offs and technical issues on major South Korean exchanges.

However, after lawmakers repealed martial law, Bitcoin rebounded to approximately $96,178 on Upbit, narrowing the earlier price disparity with […]

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Article Details

Author / Journalist: Izabela Anna

Category: Crypto

Markets: IndiaSouth Korea

Topics: News Bitcoin Upbit News Market News Market OKX Exchange News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 06:50:00 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24113335

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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