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.![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
