[Market Briefing] Bitcoin Temporarily Drops Below $114,000... Kimchi Premium at 0.15%

Minseung Kang

Summary

  • Bitcoin (BTC) reportedly temporarily lost the $114,000 level.
  • On the Binance USDT market, Bitcoin is trading at $114,895, down 2.98% from the previous day.
  • The Kimchi Premium for Bitcoin was reported at 0.15%.

Bitcoin (BTC) temporarily dropped below the $114,000 level.

As of 23:07 on the 1st, Bitcoin was trading at $114,895 (₩159,370,000 on Upbit), down 2.98% from the previous day on the Binance USDT market. During the session, Bitcoin briefly widened its drop to $113,988.

Meanwhile, according to the crypto asset data platform Cryprice, the Kimchi Premium for Bitcoin was recorded at 0.15% on this day.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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