[Market Update] Bitcoin temporarily relinquishes $122,000 level… kimchi premium 2.64%

Source
Minseung Kang

Summary

  • Bitcoin (BTC) reported that it temporarily relinquished the $122,000 level.
  • As of 23:08 on the 9th, BTC was trading on the Binance USDT market at $122,414.
  • Bitcoin's kimchi premium was recorded at 2.64%.

Bitcoin (BTC) temporarily relinquished the $122,000 level.

As of 23:08 on the 9th, BTC is trading on the Binance USDT market at $122,414, down 0.25% from the previous day.

According to crypto asset data platform CryPrice, that day Bitcoin's kimchi premium was recorded at 2.64%. This means it is trading on domestic exchanges at a somewhat higher price than the global rate.

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Minseung Kang

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