[Market Update] Bitcoin (BTC) Temporarily Returns $85,000... Kimchi Premium at 1.15%
Minseung Kang
Summary
- It was reported that Bitcoin (BTC) returned $85,000 and showed a downward trend.
- The current Bitcoin price is $84,837, down 2.7% from the previous day.
- The Kimchi Premium is reported to be at the level of 1.14%.
Bitcoin (BTC) temporarily returned $85,000.
As of 20:12 on the 28th, BTC price is trading at $84,837, down 2.7% from the previous day on the Binance USDT market (126 million KRW on Upbit exchange). Amid increasing uncertainty due to the Trump-induced tariff war, funds are moving to safe assets, and risky assets like the stock market are showing weakness.
Meanwhile, according to Cryprice, the Kimchi Premium for major virtual assets (cryptocurrencies) including Bitcoin (BTC) is recorded at 1.14%.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
