[Market Update] Bitcoin Falls Below $118,000... Kimchi Premium -1.67%

JOON HYOUNG LEE

Summary

  • It was reported that the price of Bitcoin (BTC) fell below $118,000.
  • Bitcoin is trading at $117,998.84, down 0.21% from the previous day.
  • On this day, the Kimchi Premium was recorded at -1.67%.

The price of Bitcoin (BTC) has fallen below $118,000.

According to CoinMarketCap, a virtual asset market tracking site, as of 4:28 PM, Bitcoin is trading at $117,998.84. This represents a 0.21% decline compared to the previous day.

The Kimchi Premium recorded a negative figure. According to Cryprice, as of 4:28 PM, the Kimchi Premium was -1.67%.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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