[Market Update] Bitcoin briefly rebounds to $105,000... Kimchi premium at 1.92%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) reportedly briefly recovered to $105,000.
  • It was noted that due to escalating conflict in the Middle East, the price dropped to $103,556 during the session, but later recovered some losses.
  • The kimchi premium for major virtual assets, including Bitcoin, reportedly increased slightly to 1.92%.

Bitcoin (BTC) briefly recovered to $105,000.

As of 17:05 on the 13th, based on the Binance USDT market, the BTC price is trading at $104,944 (₩146,320,000 on Upbit exchange), down 2.37% from the previous day. Amid escalating conflict in the Middle East, Bitcoin had dropped to around $103,556 during the session, but later showed signs of recovery, partially recouping its losses.

Meanwhile, according to Cryprice, the kimchi premium for major virtual assets (cryptocurrencies) including Bitcoin (BTC) has slightly increased, recording 1.92%.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trump 'TACO'... FX rate plunges 26.4 won in a single day [Hankyung FX Market Watch]

2 hours ago
Trump 'TACO'... FX rate plunges 26.4 won in a single day [Hankyung FX Market Watch]

[Today's Key Economic & Crypto Calendar] U.S. March S&P Global Manufacturing & Services PMI, etc.

3 hours ago
[Today's Key Economic & Crypto Calendar] U.S. March S&P Global Manufacturing & Services PMI, etc.

[New York Stock Market Briefing] Rebound on Trump’s 'TACO'… Tesla jumps 3.5% on 'terafab' expectations

4 hours ago
[New York Stock Market Briefing] Rebound on Trump’s 'TACO'… Tesla jumps 3.5% on 'terafab' expectations

US Senate leans toward banning stablecoin interest payments as “holding rewards” … emerging as a key flashpoint in the market structure bill

4 hours ago
US Senate leans toward banning stablecoin interest payments as “holding rewards” … emerging as a key flashpoint in the market structure bill

US SEC hands off to White House review proposed criteria to exclude crypto assets from 'securities'…a pivotal moment for regulatory shift

6 hours ago
US SEC hands off to White House review proposed criteria to exclude crypto assets from 'securities'…a pivotal moment for regulatory shift

Trending News