Bitcoin rebounded about 12% after falling to $76,606 on the 11th.

n Rebounded 3% Over the Weekend to Recover $86,000

Bitcoin prices rebounded by about 3% over the weekend from the lows to recover $86,000.

Bitcoin rose around 12% after falling to $76,606 on Monday.

Bithumb, a domestic virtual asset exchange, will begin its partnership with KB Kookmin Bank for KRW deposits and withdrawals from today.

Attention is focusing on whether Bithumb's change in affiliated banks will lead to full-fledged market share competition among domestic virtual exchanges.

Bitcoin is trading at $86,236 on Binance, the world's largest exchange, as of 09:40, up 2.62% over 24 hours.

Bitcoin made no particular move as there was no big news over the weekend.

The recovery trend has continued since the low of $76,606 recorded on the 11th.

The news that the domestic virtual asset market is paying the most attention to is that the partnership between Bithumb and KB Kookmin Bank will begin.

In order to newly insert and subtract deposits for virtual asset transactions from Bithumb, it must be through KB Kookmin Bank's account from this day on.

The affiliated bank was changed from NH Nonghyup Bank to KB Kookmin Bank.

Bithumb started pre-registration of KB Kookmin Bank accounts on January 20th, and opened an account opening window at Bithumb Lounge's Gangnam branch on the 18th of this month.

For customers who have completed pre-registration and event application, an event was held to pay a total of 10 billion won in compensation depending on the order of application.

Attention is focusing on whether Bithumb will be able to raise its share to the next level, which has remained at 20-30%.

After Bithumb's pre-registration of KB Kookmin Bank accounts began, the number of new KB Kookmin Bank demand deposit accounts increased sharply.

U.S. President Donald Trump's meme coin Official Trump rose on his Truth Social post.

At 11:33 a.m. New York time on the 23rd, Trump tweeted "I LOVE $TRUMP" on his Truth Social.

With the tweet, Official Trump jumped 14.66% to $12.51 each from $10.91.

However, it soon recovered half of the increase, falling 8.7% from its peak to $11.41.

It is also news that Michael Saylor, chairman of Strategy, hinted at buying additional Bitcoin.

Michael Saylor, chairman of MicroStrategy, posted a post on his X (formerly Twitter) account on the 23rd (local time) saying, "I need more orange."

The orange dot on SailorTracker is when Strategy buys Bitcoin.

SailorTracker is a platform that tracks strategy's Bitcoin buying trend.

Michael Saylor has announced his actual purchase of Bitcoin in the past after posting X posts like this.