Summary
- Bitcoin has temporarily given up $108,000, indicating a price adjustment.
- On the Binance USDT market, Bitcoin is trading at $108,088, down 1.05% from the previous day.
- The current Kimchi Premium for Bitcoin is recorded at 1.27%.

Bitcoin (BTC) has temporarily given up $108,000.
As of 21:13 on the 23rd, Bitcoin is trading at $108,088 on the Binance USDT market, down 1.05% from the previous day (150.85 million KRW on the Upbit exchange). Bitcoin has historically shown a pattern of adjustment after reaching an all-time high, indicating caution regarding short-term volatility.
Meanwhile, according to Cryprice, the Kimchi Premium for major cryptocurrencies, including Bitcoin (BTC), is recorded at 1.27%.

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

![[Market] Bitcoin falls below $71,000…Lowest level since October 2024](https://media.bloomingbit.io/PROD/news/0e5880b9-61dd-49d4-9d2e-c47a3fb33a93.webp?w=250)

