Breaking
[Market Update] Bitcoin temporarily returns below $113,000…Kimchi premium at 0.84%
Minseung Kang
Summary
- It was reported that Bitcoin (BTC) temporarily dropped below the $113,000 mark.
- BTC is currently trading at $113,077, which is down 1.83% from the previous day.
- The kimchi premium for Bitcoin stands at 0.84%, indicating domestic exchange prices are slightly higher than the global market.
Bitcoin (BTC) briefly fell below the $113,000 mark.
As of 23:39 on the 5th, BTC is trading at $113,077 on Binance's USDT market (₩158,650,000 according to Upbit), down 1.83% from the previous day.
Meanwhile, according to virtual asset data platform Cryprice, Bitcoin's kimchi premium was tallied at 0.84% on this day. This indicates that prices on domestic exchanges are traded slightly higher than the global market.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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