PiCK
[Market Update] Bitcoin (BTC) Temporarily Drops Below $90,000...Kimchi Premium at 4.22%
Minseung Kang
Summary
- Bitcoin (BTC) temporarily dropped below $90,000 due to strong U.S. employment data and inflation concerns.
- BTC is trading at $89,588, down 5.58% from the previous day on the Binance USDT market.
- The Kimchi Premium on domestic exchanges has increased to 4.22%.
Bitcoin (BTC) has temporarily dropped below $90,000.
On the 13th, the BTC price is trading at $89,588, down 5.58% from the previous day, based on the Binance USDT market at 23:36 (₩137,910,000 on Upbit). 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, including Bitcoin (BTC), has recently increased to 4.22%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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