[Market] Bitcoin briefly gives up $78,000 level...Kimchi premium at 2%

Minseung Kang

Summary

  • It said Bitcoin (BTC) briefly gave up the $78,000 level.
  • As of 18:27 on the 3rd, Bitcoin stood at $77,957, up 0.80% from the previous day.
  • It said Bitcoin’s kimchi premium was 2.02%, indicating domestic exchanges are priced below the global market.

Forecast Trend Report by Period

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Photo=Shutterstock
Photo=Shutterstock

Bitcoin (BTC) briefly gave up the $78,000 level.

As of 18:27 on the 3rd, bitcoin is trading at $77,957 (KRW 115.2 million on Upbit) in Binance’s USDT market, up 0.80% from the previous day.

Meanwhile, according to crypto asset data platform Cryprice, bitcoin’s kimchi premium was tallied at 2.02% on the day. This indicates it is trading at a lower price on domestic exchanges than in the global market.

Minseung Kang

Minseung Kang

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