Bitcoin Briefly Slips Below $68,000; Kimchi Premium at 0.30%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) briefly fell below $68,000.
  • As of 11:05 p.m. on May 7, BTC was trading at $67,892, down 1.89%% from a day earlier.
  • According to Cryprice, the kimchi premium for Bitcoin and other major virtual assets (cryptocurrencies) stood at 0.30%%.

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Photo: Shutterstock
Photo: Shutterstock

Bitcoin briefly fell below $68,000.

As of 11:05 p.m. on May 7, Bitcoin was trading at $67,892 on Binance's USDT market, down 1.89% from a day earlier. On Upbit, it was quoted at $74,200.

According to Cryprice, the kimchi premium for major cryptocurrencies including Bitcoin stood at 0.30% that day.

Minseung Kang

Minseung Kang

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