[Bitcoin Now] No Halving Effect...? Drops to 10.4 Million KRW in South Korea
[Asia Economy Reporter Kum Boryeong] Despite the Bitcoin halving on the 12th, there was no special surge observed. Major cryptocurrencies including Bitcoin rather showed a slight downward trend.
At 9 a.m. on the day, Bitcoin was priced at 10,454,000 KRW on the cryptocurrency exchange Upbit, down 217,000 KRW (2.03%) from the previous day.
Ripple (2.89%), EOS (2.34%), TRON (2.29%), and Ethereum (1.39%) also saw their prices fall.
At the same time, on another cryptocurrency exchange Huobi Korea, Bitcoin recorded 10,433,000 KRW, down 3.58% compared to the previous day. The highest price of the day was 10,853,000 KRW.
Ethereum (1.05%), EOS (1.01%), and Ripple (1.67%) also declined on Huobi Korea.
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According to CoinMarketCap, an overseas cryptocurrency market data company, Bitcoin was priced at $8,599.78, down 1.74% from 24 hours earlier. Ethereum (1.87%), Ripple (2.38%), and EOS (1.95%) also fell together.
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