Bitcoin Extends Decline, Falls Below $83,000
JOON HYOUNG LEE
Summary
- Bitcoin plunged about 4% in a day and fell below $83,000.
- According to CoinMarketCap, Bitcoin was trading at $82,842.95, down 4.04% from a day earlier.
- It was also down 2.1% from a week earlier, while the kimchi premium stood at 1.54%.
Forecast Trend Report by Period



Bitcoin fell nearly 4% in a day, dropping below $83,000.
According to CoinMarketCap, Bitcoin was trading at $82,842.95 as of 10:48 p.m. on October 7 in South Korea, down 4.04% from a day earlier. It was also 2.1% lower than a week earlier.
The kimchi premium remained in the 1% range. Cryprice data showed the premium at 1.54% as of 10:48 p.m. on October 7 in South Korea.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul