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Bitcoin Falls Below $74,000; Kimchi Premium at 0.17%

JOON HYOUNG LEE

Summary

  • Bitcoin was trading at $73,517.4 after falling below $74,000.
  • Bitcoin fell 0.48% from a day earlier, but was up 4.04% from a week earlier.
  • South Korea’s kimchi premium remained in the 0% range at 0.17%.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

Bitcoin fell below $74,000.

According to CoinMarketCap, Bitcoin was trading at $73,517.4 as of 10:56 p.m. on May 16, down 0.48% from a day earlier. It was up 4.04% from a week earlier.

South Korea’s kimchi premium remained in the 0% range. Cryprice data showed the premium at 0.17% as of 10:56 p.m. on May 16.

#Bearish
JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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