Summary
- Bitcoin (BTC) appears to have temporarily relinquished the $111,000 level.
- BTC is trading on the Binance USDT market at $111,186, up 1.15% from the previous day.
- Bitcoin's kimchi premium is 0.79%, indicating that domestic exchanges are trading at a slightly higher price than the global rate.
Bitcoin (BTC) has temporarily given up the $111,000 level.
As of 23:25 on the 5th, BTC is trading on the Binance USDT market at $111,186, up 1.15% from the previous day (on Upbit, 155,370,000 won).
According to cryptoasset data platform Cryprice, Bitcoin's kimchi premium that day was 0.79%. This means it is trading at a slightly higher price on domestic exchanges than the global price.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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