[Market Update] Bitcoin (BTC) Temporarily Recovers to $97,000...Kimchi Premium at 5.80%
Minseung Kang
Summary
- Bitcoin (BTC) temporarily recovered to $97,000.
- It was reported to be trading at $96,712 on the Binance USDT market.
- The Kimchi Premium was reported to be 5.80%.

Bitcoin (BTC) temporarily recovered to $97,000.
On the 9th, BTC price was trading at $96,712 on the Binance USDT market at 11:22, up 0.17% from the previous day (149.27 million KRW on Upbit).
Meanwhile, according to Cryprice, the Kimchi Premium for major virtual assets (cryptocurrencies) including Bitcoin (BTC) is recorded at 5.80%.

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


!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
