Breaking
[Market Update] Bitcoin (BTC) Temporarily Drops Below $93,000... Kimchi Premium at 2.46%
Minseung Kang
Summary
- Bitcoin's price temporarily dropped below $93,000 due to recent strong U.S. employment data and inflation concerns.
- BTC is trading at $93,118 on the Binance USDT market, down 1.26% from the previous day.
- With the Kimchi Premium at 2.46%, investors need to be cautious.
Bitcoin (BTC) temporarily dropped below $93,000.
On the 13th, BTC price was trading at $93,118 (₩140,290,000 on Upbit) on the Binance USDT market as of 17:27, down 1.26% from the previous day. Bitcoin has been weakening due to strong U.S. employment data and persistent inflation concerns.
Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies, including Bitcoin (BTC), is at 2.46%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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