Summary
- It is reported that Bitcoin (BTC) briefly recovered the $117,000 level.
- Unlike global exchanges, Bitcoin prices on domestic exchanges are trading 1.31% lower.
- With the Kimchi premium recorded at -1.31%, caution is advised for investors.
Bitcoin (BTC) temporarily recovered to the $117,000 level.
As of 17:48 on the 9th, Bitcoin is trading at $116,972 on the Binance USDT market (₩159,720,000 on Upbit). This is up 0.44% from the previous day.
According to the virtual asset data platform Cryprice, the Kimchi premium for Bitcoin was recorded at -1.31% on this day. This means that it is trading at a lower price on domestic exchanges compared to the global market.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
![[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’](https://media.bloomingbit.io/PROD/news/78293fc1-a315-4ebb-81cf-f2cb32921d57.webp?w=250)