[Bitcoin Now] Continuous Soaring... Domestic 18.34 Million KRW · Overseas 16,235 USD Level
[Asia Economy Reporter Ji-hwan Park] The market capitalization leader in virtual currency, Bitcoin, has settled at the 18.3 million KRW level, raising expectations for a repeat of the coin frenzy seen at the end of 2017 and the beginning of 2018. The highest price Bitcoin has been traded for domestically was on January 5, 2018, when it reached the 29 million KRW level on Upbit. Currently, Bitcoin continues its high-flying streak in both domestic and international markets, recording 18.34 million KRW and 16,235 USD levels.
According to virtual currency exchange Bithumb on the 17th, as of 10:48 AM, Bitcoin was priced at 18.342 million KRW, up 1.87% (337,000 KRW) compared to 24 hours earlier. Transactions worth 68 billion KRW took place during the day.
Most other cryptocurrencies also showed upward trends. Ethereum (1.29%), Ripple (3.22%), Bitcoin Cash (0.47%), and EOS (1.41%) all rose.
Bitcoin also showed strength in overseas markets. According to virtual currency market data provider CoinMarketCap, at the same time, Bitcoin was up 4.87% compared to 24 hours earlier, priced at 16,728.10 USD.
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Other cryptocurrencies showed mixed movements. Ethereum and Ripple rose by 3.82% and 8.36%, respectively. Meanwhile, Tether fell by -0.04%.
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