[Image source=Reuters Yonhap News]

[Image source=Reuters Yonhap News]

View original image

[Asia Economy Reporter Eunmo Koo] Bitcoin, the number one cryptocurrency by market capitalization, has slightly declined in the domestic market, currently trading around 10.8 million KRW.


According to the cryptocurrency exchange Bithumb as of 8:10 AM on the 3rd, Bitcoin was recorded at 10,815,000 KRW, down 0.21% (23,000 KRW) compared to 24 hours earlier. A total of 26.9 billion KRW worth of Bitcoin was traded during the day.


Most other cryptocurrencies are also showing a downward trend. ADA (-2.41%), TRON (-1.33%), Ripple (-1.49%), Litecoin (-1.02%), and Ethereum (-0.91%) are all declining. On the other hand, Bitcoin Cash (0.25%) is slightly rising.


[Bitcoin Now] Domestic Bitcoin Slightly Weak... Around 10.8 Million KRW View original image


At the same time, on Upbit, Bitcoin is trading at 10.81 million KRW, down 0.09% (10,000 KRW) compared to the previous day.


However, on Upbit, most cryptocurrencies except Bitcoin are rising. Stellar Lumens (3.20%), Ethereum (2.88%), TRON (1.83%), EOS (1.47%), and ADA (0.78%) are all increasing.


In overseas markets, prices are showing slight gains. According to cryptocurrency market data provider CoinMarketCap, at the same time, Bitcoin was up 0.10% compared to 24 hours earlier, trading at 9,390.67 USD.


Other cryptocurrencies show mixed movements. Ripple (4.10%), Ethereum (3.05%), EOS (2.08%), and Binance Coin (1.70%) are rising, while Bitcoin SV (-0.36%) and Tether (-0.15%) are slightly declining.



[Bitcoin Now] Domestic Bitcoin Slightly Weak... Around 10.8 Million KRW View original image


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing