[Morning Market Update] Bitcoin 103.58 million won… 76% of stocks advancing
Original headline[아침 시황] 비트코인 1억358만원…상승 종목 76%
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Bitcoin rose 0.6% to 103.58 million Korean won and Ethereum gained 0.6% to 3.05 million won as of 7:30 a.m. on Nov. 7, with 31 of 41 tokens exceeding 5 billion won in 24-hour volume trading higher—a 76% advance ratio—on combined Upbit and Bithumb turnover of 2.0 trillion won. Impossible Cloud Network, listed on Bithumb, led gains with a 39.7% jump to 408 won on 9 billion won in volume, while Cyber rose 14.4% and Moonbird added 13.8%. Magma Finance fell 18.4% and Wayfinder dropped 8.1%, with Magma also topping absolute volume rankings. The broad-based rally signals renewed risk appetite in Korean crypto markets, and traders will watch whether turnover holds above 2 trillion won and whether the gainers' ratio persists.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Ethereum (ETH), Impossible Cloud Network, Bithumb, Upbit, Magma Finance, Wayfinder, Moonbird
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