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[Market Update] Bitcoin (BTC) Temporarily Recovers $100,000... Kimchi Premium at -1.75%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) temporarily recovered $100,000.
  • The Kimchi Premium is recorded at -1.75%.
  • The relationship between BTC's price changes and the Kimchi Premium may affect investors.

Bitcoin (BTC) temporarily recovered $100,000.

As of 11:50 PM on the 9th, BTC is trading at $100,212 on the Binance USDT market, up 0.19% from the previous day (₩140,870,000 on Upbit exchange).

Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies, including Bitcoin (BTC), is recorded at -1.75%.

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Minseung Kang

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