South Korea president prioritizes Bitcoin, crypto in national strategy

South Korea’s newly elected president Lee Jae‑myung has declared Bitcoin and crypto a national priority, signaling plans to develop Bitcoin and Ethereum ETFs and integrate blockchain into government policy. Markets interpreted the move as potential new institutional demand: Bitcoin trades well above $62,000 and prediction‑market contracts for Bitcoin above $60K–$62K on April 19–20 trade near certainty (99.8% and 99.6% YES). Order‑book and prediction‑market metrics show firm support at current levels, while reported whale accumulation and miner holding patterns buttress the price. Investors will watch regulatory details of the Digital Asset Basic Act and ETF specifics, which could materially shift sentiment and flows.