[Bitcoin Now] '40 Million Won' Broken... Major Cryptocurrencies Fall Together
[Asia Economy Reporter Kum Boryeong] The price of Bitcoin has fallen below 40 million won.
According to the cryptocurrency exchange Upbit on the 11th, as of 2:25 PM, Bitcoin was priced at 39,522,000 won, down 8.94% (3,882,000 won) compared to the previous day.
On Upbit, major cryptocurrencies such as Ethereum (13.13%), Ripple (11.76%), Bitcoin Cash (16.93%), and EOS (10.07%) also declined.
At the same time, on another cryptocurrency exchange Huobi Korea, Bitcoin recorded 39,650,000 won, down 11.50% compared to the previous day. The day's high was 45,297,000 won, and the day's low was 36,436,000 won.
Huobi Korea also saw significant declines in Ethereum (15.62%), EOS (10.69%), and Bitcoin Cash (12.74%).
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According to CoinMarketCap, a global cryptocurrency market data company, Bitcoin was down 12.05% from 24 hours ago, trading at $35,241.98. Ethereum (15.09%), Ripple (15.44%), and Litecoin (18.13%) also fell together.
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