[Market Update] Bitcoin (BTC) Temporarily Drops to $92,000... Kimchi Premium at 3.21%
Minseung Kang
Summary
- Bitcoin (BTC) has fallen by 2.89% from $92,000 to $91,379.
- It was stated that Bitcoin's price continues to weaken due to strong U.S. employment data and persistent inflation concerns.
- Currently, Bitcoin's Kimchi Premium is reported to be at 3.21%.
Bitcoin (BTC) temporarily dropped to $92,000.
On the 13th, BTC price was trading at $91,379 (₩138,830,000 on Upbit) at 20:14, down 2.89% compared to the previous day in the Binance USDT market. Bitcoin continues to weaken due to strong U.S. employment data and persistent inflation concerns.
Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies like Bitcoin (BTC) is at 3.21%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
