[Photo=Ajou Economy DB]
Cryptocurrencies, including bitcoin, edged lower as uncertainty grew over ceasefire negotiations between the United States and Iran.
According to CoinMarketCap, bitcoin was trading at $75,642 as of 8 a.m. on the 22nd, down 0.47% from a day earlier. It remained well above the roughly $70,000 level seen a week ago.
Major altcoins were also slightly weaker. Tether slipped 0.01% to $1, Solana fell 0.38% to $85.36, and Ethereum declined 0.36% to $2,311.83. Ripple (XRP) was down 0.32% at $1.42.
Market uncertainty persisted after the U.S.-Iran talks failed to reach a concrete agreement. Iran’s negotiating team said on the 21st it would not attend the second round of ceasefire talks.
President Donald Trump declared an extension of the ceasefire, helping avert an immediate clash, but a maritime blockade continued, appearing to spur some risk-off sentiment.
In South Korea at the same time, bitcoin on the won-based exchange Bithumb was up 0.20% from a day earlier at about 112.32 million won ($75,789). The so-called “kimchi premium,” which refers to domestic prices trading above overseas levels, instead stood at minus 0.112%.
* This article has been translated by AI.
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