Risk assets rebound···New York stock market and cryptocurrencies rise [D.Centers market report]

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As of 8 AM on the 14th, Bitcoin (BTC) was trading at 172.23 million won on a certain exchange, up 0.14% from the previous day.

Bitcoin (BTC) is showing an upward trend due to expectations of easing US-China trade negotiations. This is influenced by the recovery of risk appetite as both countries expressed their willingness to avoid escalating tensions and continue dialogue.

According to a global cryptocurrency market monitoring site on the 14th, as of 8 AM, BTC was trading at $115,612.91, up 0.19% from 24 hours ago. Major altcoins are also on the rise. ETH was trading at $4,267.67, up 3.06%. BNB rose 0.36% to $1,289.39, while XRP increased 3.00% to $2.610. Solana (SOL) is trading at $208.58, up 5.67%.

The domestic cryptocurrency market showed a similar trend. At the same time on a certain exchange, BTC recorded 172.23 million won, up 0.14% from the previous day. ETH rose 3.06% to 6.36 million won, and XRP is trading at 3,888 won, up 0.86%.

The rebound in the New York stock market on this day also boosted investor sentiment in the cryptocurrency market. As the US and China showed willingness to ease trade tensions, risk appetite revived, and the tech-centered bull market lifted investor sentiment.

On the 13th ( local time ), the Dow Jones Industrial Average closed at 46,067.58, up 1.29% from the previous session. The Standard & Poor's ( S&P ) 500 index rose 1.56% to 6,654.72, and the tech-heavy Nasdaq Composite index closed at 22,694.61, up 2.21%.

Market relief grew as US President Donald Trump reaffirmed his willingness to continue negotiations on his social media platform, stating, “We do not want a direct confrontation with China.” Previously, President Trump had mentioned imposing high tariffs in response to China's moves to control rare earth exports, causing a sharp drop in the stock market. However, he made conciliatory remarks just a day later, easing uncertainties.

The Fear and Greed Index from a cryptocurrency data analysis firm stands at 38 points, up 14 points from the previous day, indicating a 'Fear' state. This index signifies a suppressed investment sentiment when closer to 0 and market overheating when closer to 100.

Reporter Do Ye-ri

BTC2.03%
ETH3.06%
BNB3.58%
XRP1.92%
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