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[Asia Economy Reporter Kum Boryeong] On the afternoon of the 12th, a sharp decline was observed in major cryptocurrencies including Bitcoin.


As of 4:07 PM that day, Bitcoin on the cryptocurrency exchange Upbit recorded 13,449,000 KRW, down 170,000 KRW (1.25%) compared to the previous day.


On Upbit, major cryptocurrencies such as Ethereum (1.78%), Ripple (2.37%), EOS (2.08%), and Bitcoin Cash (1.69%) also fell.


At the same time, on another cryptocurrency exchange Huobi Korea, Bitcoin was 13,394,000 KRW, down 1.69% compared to the previous day. The day's high was 13,701,000 KRW.


On Huobi Korea, Ripple (3.52%), EOS (4.45%), and Ethereum (1.78%) also declined.



The situation overseas was similar. According to cryptocurrency market data company CoinMarketCap, Bitcoin was $11,342.6, down 3.92% from 24 hours earlier. Along with this, Ethereum (4.65%), Ripple (7.34%), and Litecoin (7.54%) also dropped significantly.


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

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