Bitcoin Falls Below $79,000; Kimchi Premium at 0.04%
JOON HYOUNG LEE
Summary
- Bitcoin fell below $79,000 amid a broader decline in the cryptocurrency's price.
- Bitcoin was trading at $78,923.89, down 0.49% from a day earlier and 2.65% from a week earlier.
- South Korea's kimchi premium stood at 0.04%, remaining in the 0% range, while Ethereum was trading at $2,370.61, up 1.25% from a day earlier.
Forecast Trend Report by Period
Bitcoin extended its decline and fell below $79,000.
As of 11:46 p.m. on November 5, Bitcoin was trading at $78,923.89, down 0.49% from a day earlier, according to CoinMarketCap. That was 2.65% lower than a week earlier.
South Korea's kimchi premium remained in the 0% range. Data from Cryprice showed the premium at 0.04% as of 11:46 p.m. on November 5.
Ethereum was trading at $2,370.61 as of 11:46 p.m. on November 5, up 1.25% from a day earlier.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul