Editor's PiCK
[Market] Bitcoin temporarily relinquishes $95,000…Kimchi premium 3.95%
Minseung Kang
Summary
- Bitcoin (BTC) temporarily relinquished the $95,000 level and continued a bearish trend.
- The kimchi premium for major virtual assets was reported at about 3.95%.
- The decline was reported to be the result of a combination of market uncertainty, structural factors, ETF fund outflows, and weakening market liquidity.
Bitcoin (BTC) temporarily relinquished the $95,000 level and continued a bearish trend.
As of 21:41 on the 14th, on the Binance USDT market, Bitcoin was down 8.71% from the previous day at $94,677. On domestic Upbit, it is approximately 143,130,000 won.
According to CrypPrice, the kimchi premium for major virtual assets (cryptocurrencies) including Bitcoin (BTC) was about 3.95% on that day.
This adjustment is analyzed as the result of accumulated market uncertainty and structural factors such as AI-driven funding squeezes. In addition, the impact of large-scale liquidations in October, ETF fund outflows, and weakened market liquidity have further widened the decline.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
