[Market Update] Bitcoin (BTC) briefly recovers to $98,000... Kimchi Premium at -0.81%

Minseung Kang

Summary

It was reported that Bitcoin (BTC) briefly recovered to $98,000.
As of 11:12 PM, BTC is trading at $97,685, down 1.49%.
The Kimchi Premium is reported to be -0.81%.

Bitcoin (BTC) briefly recovered to $98,000.

As of 11:12 PM on the 10th, BTC is trading at $97,685 on the Binance USDT market, down 1.49% from the previous day (₩138,850,000 on Upbit exchange).

Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies like Bitcoin (BTC) is recorded at -0.81%.

publisher img

Minseung Kang

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

What did you think of the article you just read?

‌

‌

‌

‌

PiCK News

"Bitcoin sees continued institutional outflows…possible additional trough test through summer"

"Bitcoin sees continued institutional outflows…possible additional trough test through summer"

U.S. and India announce provisional trade deal… Tariffs on Indian goods to be cut from 50% to 18%

U.S. and India announce provisional trade deal… Tariffs on Indian goods to be cut from 50% to 18%

"Ethereum down about 60% from its peak… market absorption capacity put to the test amid whale selling pressure"

"Ethereum down about 60% from its peak… market absorption capacity put to the test amid whale selling pressure"

"XRP rebounds nearly 20% in a day on whale buying…$300 million absorbed over 48 hours"

"XRP rebounds nearly 20% in a day on whale buying…$300 million absorbed over 48 hours"

VanEck: “Bitcoin’s sharp drop is a deleveraging process…many downside factors have been cleared”

VanEck: “Bitcoin’s sharp drop is a deleveraging process…many downside factors have been cleared”

Trending News

‌

‌

‌

‌

‌