[Market Update] Bitcoin briefly reclaims $104,000… kimchi premium 1.75%

Source
Minseung Kang

Summary

  • Bitcoin reportedly briefly recovered the $104,000 level.
  • It said Bitcoin's kimchi premium was 1.75%.
  • It reported that President Donald Trump's signing of the bill to end the shutdown supported short-term investor sentiment by easing policy uncertainty.
Photo = Shutterstock
Photo = Shutterstock

Bitcoin (BTC) briefly reclaimed the $104,000 level.

As of 16:39 on the 13th, Bitcoin is trading on the Binance USDT market up 0.25% from the previous day at $103,684 (KRW 154,860,000 on Upbit). Meanwhile, according to Cryprice, Bitcoin's kimchi premium was recorded at 1.75% that day.

The market views that U.S. President Donald Trump officially signed the bill to end the federal government shutdown, easing policy uncertainty and supporting short-term investor sentiment.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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