[Asia Economy Reporter Minji Lee] Bitcoin, the number one cryptocurrency by market capitalization, is experiencing a downward trend in both domestic and international markets.

Image source=Getty Images

Image source=Getty Images

View original image


According to the cryptocurrency exchange Bithumb on the 23rd, as of 7:17 AM, Bitcoin was recorded at 7,561,000 KRW, down 1% (76,000 KRW) compared to 24 hours earlier.


Most other cryptocurrencies are also declining. Ethereum (-2.29%), Ripple (-1.13%), Bitcoin Cash (-7.9%), EOS (-0.61%), Tron (-2.34%) are all falling.


At the same time, on Upbit, Bitcoin was traded at 7,565,000 KRW, down 2.26% (175,000 KRW) from the previous day.


Other cryptocurrencies such as Ethereum (-4.40%), Ripple (-3.03%), Bitcoin Cash (-4%), EOS (-2.81%), Tron (-4.96%), and Milk (-9.51%) also declined.


The overseas market situation is similar. According to the cryptocurrency market data company CoinMarketCap, at the same time, Bitcoin was recorded at $5,997.36, down 3.78% compared to 24 hours earlier.



Other cryptocurrencies also showed weakness. Ethereum (-5.87%), Bitcoin Cash (-5.86%), EOS (-4.49%), Litecoin (-5.91%), and Stellar (-4.89%) also fell compared to 24 hours earlier.


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