Breaking
[Market Update] Bitcoin briefly relinquishes $112,000… Kimchi premium at 0.88%
Minseung Kang
Summary
- It was reported that Bitcoin (BTC) briefly dropped below the $112,000 level.
- As of 21:32 on the 22nd, BTC is trading at $111,825 on the Binance USDT market.
- The kimchi premium for Bitcoin was recorded at 0.88%, showing that domestic exchange prices are slightly higher than global prices.

Bitcoin (BTC) briefly fell below the $112,000 mark.
As of 21:32 on the 22nd, BTC is trading at $111,825 on the Binance USDT market (₩156,810,000 on Upbit).
Meanwhile, according to the cryptocurrency data platform Cryprice, Bitcoin’s kimchi premium was recorded at 0.88% today. This indicates that BTC is trading at a slightly higher price on domestic exchanges compared to the global average.

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


!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
