T Scientific is showing strong performance. It is interpreted that this is influenced by the news that Bitcoin hit an all-time high following the election of former U.S. President Donald Trump as the 47th president.
As of 2:32 PM on the 11th, T Scientific is trading at 1,418 KRW, up 10.87% compared to the previous day.
According to the U.S. cryptocurrency exchange Coinbase on the previous day, as of 1:25 PM Eastern Time on the 10th, the price of one Bitcoin was trading at $81,110.99, up 6.22% from 24 hours earlier.
Riding the wave of expectations for former President Trump's election, Bitcoin surpassed the $75,000 mark on the election day, the 5th, breaking the all-time high recorded in March after about seven months.
Meanwhile, T Scientific is known in the market as a Bitcoin-related stock, being a special affiliate of Bithumb Holdings and Bithumb Korea, the operators of the domestic cryptocurrency exchange Bithumb.
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