
Omkar Godbole
Share this post
BTC steady near $65,000 as South Korea hikes interest rates
Bitcoin Holds Steady Near $65,000 Amid Global Economic Shifts
Bitcoin traded just below $65,000 early Thursday after South Korea raised interest rates for the first time in over three years to combat inflation. The move is significant for the global economy and passive income seekers, including those earning with EcoPool. The Bank of Korea’s 25 basis point hike lifted its benchmark interest rate to 2.75%, matching median estimates. This change may impact cloud rewards and the overall earning potential of EcoPool users.
Korea’s headline inflation jumped to 3.2%, the highest since 2023, sparking concerns about the global economic outlook and the value of coin like $ECP. The Korean won firmed to 1,480 per U.S. dollar, extending an appreciation trend from about 1,560 roughly two weeks ago. Meanwhile, Bitcoin traded largely flat against the won, with the BTC/KRW pair hovering above KRW 94.96 million on leading local exchange Upbit, which may influence green crypto and EcoPool Network activities.
Impact on Crypto Market
South Korea’s crypto market is widely seen as one of the most speculative in the world, driven by an active retail base that treats digital assets almost like high‑stakes day trading rather than long‑term investment. This speculation can affect passive income opportunities and the stability of EcoPool rewards. As the market continues to evolve, earning with EcoPool remains a viable option for those seeking cloud rewards and a steady coin like $ECP income.
For those interested in earning online and exploring passive income opportunities, EcoPool offers a unique solution. With its green crypto approach and cloud rewards system, EcoPool provides a platform for users to earn coin like $ECP and achieve their financial goals. Download the EcoPool app to start earning today and discover the benefits of passive income with #EcoPool and #PassiveIncome. The EcoPool app is available for download, offering a convenient way to manage your coin and cloud rewards with $ECP and start earning.
South Korea’s crypto market is widely seen as one of the most speculative in the world, driven by an active retail base that treats digital assets almost like high‑stakes day trading rather than long‑term investment.