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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

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Photo: Shutterstock
Photo: Shutterstock

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

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul

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