Bitcoin, on the rise again today amidst the 'Bitcoin boom'

BTC reaches 7th place in the global asset ranking in the morning
It maintains 8th place despite the subsequent adjustment
The market maintains a clear 'bullish sentiment' despite the adjustment
Kiyosaki "BTC will crash after reaching $100,000"

BTC (Bitcoin) briefly reached 7th place in the global asset ranking, surpassing 'Saudi Aramco', riding on the 'Bitcoin boom' that started last week.

Bitcoin broke through $93,000 around 1:55 AM and 3:55 AM this morning amid the rise, recording a market capitalization of $1.81 trillion (about 2,546.67 trillion won), exceeding Saudi Aramco's market capitalization of $1.7972 trillion (about 2,528.66 trillion won).

However, after the subsequent adjustment, Bitcoin immediately gave up the 7th place to Saudi Aramco.

The reason for Bitcoin's relentless surge is the Bitcoin boom caused by the confirmation of the election of former President Trump. As Bitcoin soared at an unprecedented pace, setting new highs every day, the 'FOMO (Fear of Missing Out)' psychology emerged in the market, with people thinking "I still haven't bought it." On the 13th, Bitcoin's daily trading volume reached $13 billion (about 18.2845 trillion won).

Despite the short-term adjustment, Bitcoin maintained the $89,000 level without a significant collapse. As Bitcoin maintained its upward trend, many altcoins recorded an increase of over 5%, continuing the clear bullish sentiment.

◇Bitcoin = As of 4 PM on the 14th based on Upbit, the price of Bitcoin is 12,912 million won. Bitcoin's dominance is 60.74%.

Best-selling author Robert Kiyosaki has warned of a sharp correction in Bitcoin.

On the 13th, Kiyosaki said on his X account that he will stop additional purchases when Bitcoin price breaks through $100,000 (about 140 million won). He warned that "investors should not become 'fat pigs' that will eventually be slaughtered."

◇Rising Coins = As of 4 PM on the 14th based on Upbit, the cryptocurrency that recorded the largest increase compared to the previous trading day was Pepe (PEPE), rising about 22%.

Pepe is a 'meme coin' based on Solana, one of the main players in this year's meme coin craze, characterized by a frog image.

◇Fear and Greed Index = The Cryptocurrency Fear and Greed Index provided by Alternative is at 88 points, entering the 'Extreme Greed' stage. Extreme Greed is a stage of rise accompanied by high trading volume and strong volatility. As the market is likely to exit at the peak, it can be considered a sell-off zone for institutions.