Breaking
[Market Update] Bitcoin (BTC) Temporarily Recovers $100,000... Kimchi Premium at 6.18%
Minseung Kang
Summary
- It was reported that Bitcoin (BTC) temporarily recovered to $100,000.
- The U.S. non-farm payroll data fell short of expectations, drawing attention to changes in the labor market.
- It was reported that Bitcoin's Kimchi Premium is at 6.18%.
Bitcoin (BTC) has temporarily recovered to $100,000.
On the 7th, the BTC price is trading at $100,000 (153.28 million won on Upbit) as of 11:47 PM on the Binance USDT market, up 0.87% from the previous day. Earlier, the U.S. non-farm payroll data released today fell short of expectations, indicating that the overheated labor market is gradually cooling down.
Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies, including Bitcoin (BTC), is at 6.18%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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