[Market] Bitcoin falls below $110,000…Kimchi Premium at 0.61%

JOON HYOUNG LEE

Summary

  • It is reported that the price of Bitcoin (BTC) is trading below $110,000.
  • It rose by about 3.9% from the previous day, and it is noted that it surpassed $110,000 at around 6:29 AM for the first time in about two weeks.
  • The Kimchi Premium was reported at 0% level, specifically 0.61%.

The price of Bitcoin (BTC) is trading below $110,000.

According to CoinMarketCap, a digital asset market monitoring site, the price of Bitcoin was about $109,762.94 as of 10:52 AM KST. This marks a rise of approximately 3.9% from the previous day.

Earlier, the Bitcoin price surpassed $110,000 at around 6:29 AM. This is the first time in about two weeks since the end of last month that the price has topped $110,000.

The Kimchi Premium remains in the 0% range. According to CryPrice, as of 10:52 AM, the Kimchi Premium stood at 0.61%.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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