Editor's PiCK
[Market Update] Bitcoin briefly gives up $105,000...Kimchi Premium at 1.63%
Minseung Kang
Summary
- Bitcoin (BTC) is showing a correction, trading below $105,000.
- It was reported that market uncertainty is rising due to the mixed court decisions on US tariffs.
- According to Cry Price, the Kimchi Premium was reported at 1.63%.
Bitcoin (BTC) is undergoing a correction, falling below the $105,000 mark.
As of 4:46 PM on the 30th, Bitcoin was trading at $104,969 on the Binance USDT market, down 2.68% from the previous day. On Upbit, the price stood at 147.12 million won.
Previously, the Federal Court of the United States judged that President Trump’s authority to impose tariffs was excessive, but today the Court of Appeals temporarily allowed the enforcement of the tariffs, leading to mixed signals over macro uncertainty in the market, according to analysts.
Meanwhile, according to market data provider Cry Price, the Kimchi Premium was recorded at 1.63% as of today.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
