Summary
- Bitcoin(BTC) reportedly temporarily gave up the $111,000 level.
- As of 16:25 on the 11th, BTC was reported to be trading at $110,887 on the Binance USDT market.
- Bitcoin's kimchi premium was -6.63%, indicating that domestic exchange prices are lower than global prices.
Bitcoin(BTC) temporarily gave up the $111,000 level.
As of 16:25 on the 11th, BTC is trading at $110,887 on the Binance USDT market (based on Upbit, ₩169,440,000).
According to the virtual asset data platform Cryprice, on the day Bitcoin's kimchi premium was calculated at -6.63%. This means that domestic exchanges are trading at prices lower than the global market price.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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