[Market] Bitcoin (BTC), temporarily rebounds to 9,600,000... Kimchi Premium -0.51%
Minseung Kang
Summary
- Bitcoin (BTC) temporarily rebounded to 9,600,000, indicating price volatility.
- The price of BTC was reported to be traded down 0.55% compared to the previous day based on Binance USDT market.
- It was reported that market volatility management strategies are needed for major cryptocurrencies.

Bitcoin (BTC) temporarily rebounded to 9,600,000.
The price of BTC was traded at 9,598,300 won (based on Upbit exchange 1,533,980,000 won) at 16:25 on the 2nd, down 0.55% compared to the previous day based on Binance USDT market.
On the other hand, according to Cryprice, the Kimchi Premium of major cryptocurrencies like Bitcoin (BTC) recorded -0.51%.

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



![[Market] Bitcoin reclaims the $75,000 level as risk appetite returns](https://media.bloomingbit.io/PROD/news/ef415bfd-c0b0-421e-bd46-39f22db99a35.webp?w=250)
![[Key Economic & Crypto Calendar for Today] U.S. ADP Weekly Employment Change Report](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[New York Stock-Market Briefing] Rises on hopes Hormuz will remain open… semiconductor index +2%](https://media.bloomingbit.io/PROD/news/074bd96e-2302-47ac-b181-5aa48a375438.webp?w=250)