[Image source=Reuters Yonhap News]

[Image source=Reuters Yonhap News]

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[Asia Economy Reporter Eunmo Koo] Bitcoin, the number one cryptocurrency by market capitalization, is showing a downward trend in the domestic market. However, it is recording a slight upward trend in overseas markets.


According to the cryptocurrency exchange Bithumb, as of 7:56 AM, Bitcoin was priced at 8,455,000 KRW, down 1.13% (97,000 KRW) compared to 24 hours earlier. A total of 25.1 billion KRW worth of Bitcoin was traded during the day.


Most other cryptocurrencies are also showing slight declines. Chainlink (-1.71%), TRON (-1.33%), Ethereum Classic (-1.15%), Ethereum (-0.77%), and Bitcoin Cash (-0.54%) are all down. On the other hand, Bitcoin SV (0.39%) is showing a slight gain.


[Bitcoin Now] Domestic Bitcoin Decline... 8.4 Million KRW Range View original image

At the same time, on Upbit, Bitcoin is trading at 8,465,000 KRW, down 0.20% (17,000 KRW) compared to the previous day.


On Upbit, price movements vary by currency. TRON (-0.64%) and Bitcoin Cash (-0.45%) are down, while EOS (1.65%), Bitcoin SV (1.51%), and Ethereum (0.55%) are up.


Overseas markets are also showing slight gains. According to cryptocurrency market data provider CoinMarketCap, at the same time, Bitcoin was priced at $7,418.61, up 0.14% compared to 24 hours earlier.


Most other cryptocurrencies are also on the rise. Monero is showing strong gains at 6.42%, while Bitcoin SV (2.70%), Binance Coin (1.47%), and EOS (1.24%) are also up. Conversely, Bitcoin Cash (-0.79%) and Tether (-0.05%) are showing slight declines.



[Bitcoin Now] Domestic Bitcoin Decline... 8.4 Million KRW Range View original image


This content was produced with the assistance of AI translation services.

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