How did Korean investors help Bitcoin push to 109,000 USD?

On January 20, 2025, Bitcoin hit a record high of 109,114.88 USD, soaring 15.06% over the past week. Increased activity from Korean investors, supported by a rise in Bitcoin addresses, has driven this surge.

The Bitcoin: Korea Premium Index shows strong bullish sentiment among Korean investors, with a significant price gap encouraging more purchases. Conversely, the negative U.S. Premium Index indicates U.S. Investors are currently selling.

With a market capitalization gap of 1.75 trillion USD between Bitcoin and Ethereum, a notable preference for Bitcoin is observed. The active participation of U.S. Investors after Trump’s inauguration could further enhance Bitcoin’s price.

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