🟠 Bitcoin Correction Attracts a New Wave of Investors
📉 Market Situation:
$BTC price drop to $93,000 following the FOMC announcement triggered short-term fluctuations but served as a catalyst for new market participants.
Key Data:
• 🔼 Increase in Short-Term Holders (STH):
Over the week, their share grew by 3%, indicating rising interest in BTC amid the price correction.
• 🇰🇷 Korean Premium:
The metric reached 5.12%, highlighting strong demand from South Korean investors.
💡 Conclusion:
Bitcoin’s price correction not only shook the market but also attracted new investors. The rising activity among short-term holders and robust interest from South Korea demonstrate sustained demand for BTC even during volatility, potentially paving the way for a price recovery. 🚀