[Market] Bitcoin briefly recovers to 112,000 dollars…Kimchi premium 0.42%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) briefly recovered to 112,000 dollars.
  • As of the 5th, BTC is trading at 112,146 dollars, up 1.56% from the previous day.
  • Bitcoin's Kimchi premium is 0.42%, indicating it is trading slightly higher on domestic exchanges than the global market price.

Bitcoin (BTC) briefly recovered to the 112,000 dollars level.

As of the 5th at 16:02, BTC is trading on the Binance USDT market at 112,146 dollars (based on Upbit: 156,750,000 won), up 1.56% from the previous day.

According to crypto asset data platform Cryprice, Bitcoin's Kimchi premium that day was recorded at 0.42%. This indicates that on domestic exchanges it is trading at a slightly higher price than the global market price.

Minseung Kang

Minseung Kang

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