[Market] Bitcoin tops $71,000…Ethereum also above $2,000

JOON HYOUNG LEE

Summary

  • It reported that Bitcoin (BTC) rose above $70,000, up 6.15% from the previous day.
  • It said Ethereum (ETH) reclaimed the $2,000 level, rising 5.46% from the previous day.
  • It reported that the kimchi premium, which reflects the gap between domestic exchanges and overseas prices, came in negative at -0.97%.

Forecast Trend Report by Period

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Bitcoin (BTC) rose above $70,000.

According to CoinMarketCap on the 4th, Bitcoin was trading at $71,197.85 as of 6:07 p.m., up 6.15% from the previous day. That is an 8.72% increase compared with a week earlier.

Ethereum (ETH) also regained the $2,000 level. As of 6:07 p.m., Ethereum was trading at $2,069.1 on CoinMarketCap, up 5.46% from the previous day.

The kimchi premium posted a negative reading. According to Crypprice, the kimchi premium was tallied at -0.97% as of 6:07 p.m.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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