Editor's PiCK

Bitcoin breaks through $110,000 again…Kimchi Premium at 0.7%

JOON HYOUNG LEE

Summary

  • The price of Bitcoin (BTC) has surged past $110,000 again for the first time in about two weeks.
  • Bitcoin was trading at $110,117.83, up 3.57% from the previous day.
  • The Kimchi Premium, the price gap between Korean and foreign exchanges, was reported at a low 0.7%.

The price of Bitcoin (BTC) has once again surpassed $110,000.

According to cryptocurrency market data website CoinMarketCap on the 10th, Bitcoin’s price exceeded $110,000 at around 6:29 AM KST. This is the first time in about two weeks since last month’s 28th that Bitcoin has crossed the $110,000 mark. As of 6:40 AM KST, Bitcoin was trading at $110,117.83 on CoinMarketCap, up 3.57% from the previous day.

The Kimchi Premium remains in the 0% range. According to CryPrice, as of 6:40 AM, the Kimchi Premium recorded 0.7%.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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