[Market Update] Bitcoin (BTC) Temporarily Drops Below $98,000…Kimchi Premium at -2.13%
Minseung Kang
Summary
- Bitcoin (BTC) temporarily dropped below $98,000, showing price volatility.
- The price of BTC fell by 1.26% compared to the previous day on the Binance USDT market.
- The Kimchi Premium is recorded at -2.13%, indicating a price difference between domestic and international exchanges.
Bitcoin (BTC) temporarily dropped below $98,000.
As of 9:05 PM on the 9th, BTC is trading at $98,450 on the Binance USDT market, down 1.26% from the previous day (137,710,000 KRW on Upbit exchange). On this day, Bitcoin expanded its short-term decline, temporarily falling to $97,948 during the session.
Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies, including Bitcoin (BTC), is recorded at -2.13%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
