Bitcoin Sees Minor Rebound but Remains Stuck Around $63,000 Amid SpaceX Bond Issuance

Bitcoin has seen a slight rebound but continues to trade around the $63,000 mark, lacking a clear direction. The cryptocurrency briefly recovered to the $65,000 range following the intensification of peace negotiations between the U.S. and Iran. However, investor sentiment has weakened again due to SpaceX's large bond issuance and the decline of major tech stocks.

According to CoinMarketCap, Bitcoin was trading at $63,873 as of 8 a.m. on June 23, up 0.21% from the previous day.

Other major altcoins also saw minor price increases. At the same time, Ethereum was up 0.36% at $1,722.32. Binance Coin (BNB) rose 0.36% to $588.99, while Tether increased by 0.01% to $0.99. Ripple (XRP) and Solana both experienced declines of 0.42% and 1.47%, trading at $1.12 and $71.96, respectively.

Earlier, Bitcoin reached $65,498 around 11 p.m. on June 22, following news of U.S.-Iran negotiations. Additionally, the announcement that the world's largest Bitcoin holder, MicroStrategy, purchased 520 more Bitcoins for $35 million (approximately 53.8 billion won) contributed positively to the market.

However, reports that SpaceX plans to issue investment-grade bonds worth at least $20 billion (approximately 30 trillion won) for AI infrastructure funding led to a price drop, causing Bitcoin to fall below the $64,000 level.

Market sentiment remains weak. CoinMarketCap's 'Fear and Greed Index' recorded a score of 21 (fear) on this day. A score closer to 0 indicates extreme fear, while a score near 100 indicates extreme greed.

Meanwhile, on the domestic exchange Bithumb, Bitcoin was trading at approximately 99.65 million won ($62,820), down 1.25% from the previous day. The 'Kimchi Premium' was recorded at -1.58%, indicating that Bitcoin prices in South Korea are lower than those overseas.