Editor's PiCK

[Market] Bitcoin breaks below $68,000 as losses deepen

JOON HYOUNG LEE

Summary

  • It reported that Bitcoin (BTC) fell below $68,000, extending its downward trend.
  • It said Bitcoin was down 10.21% from the previous day and down 21.28% compared with a week earlier.
  • It added that Ethereum (ETH) slipped below the $2,000 level and traded in the $1,900 range, while the kimchi premium stood at 0.88%.

Bitcoin (BTC) fell below $68,000.

According to CoinMarketCap on the 6th, Bitcoin was trading at $67,261.15 as of 12:24 a.m., down 10.21% from the previous day. That marks a 21.28% plunge compared with a week earlier.

Ethereum (ETH) also slid more than 9% on the day, breaking below the $2,000 level. As of 12:24 a.m., Ethereum was trading in the $1,900 range on CoinMarketCap.

The kimchi premium came in at around 0%. According to CrypPrice, the kimchi premium was tallied at 0.88% as of 12:24 a.m.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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