Bitcoin Surpasses 70 Million Won... Unstoppable Record Highs Continue
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[Asia Economy Reporter Park Jihwan] Bitcoin, the leading cryptocurrency, surpassed 71 million KRW on the 14th, setting a new all-time high.
According to the cryptocurrency exchange Upbit, as of 9:52 AM on the same day, Bitcoin was priced at 70,824,000 KRW. After breaking the 66 million KRW mark on the 12th and setting a new record, it exceeded 70 million KRW in just over two days.
On Upbit, Bitcoin surpassed 70 million KRW at around 5:24 AM. By 8:45 AM, it had even exceeded 71 million KRW.
On another exchange, Bithumb, Bitcoin was trading at 70,766,000 KRW at the same time. After first surpassing 70 million KRW at 5:13 AM on Bithumb, it briefly rose to 70,874,000 KRW.
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Unlike the stock market, cryptocurrency trading occurs on an exchange-by-exchange basis, so even the same type of cryptocurrency can have different prices depending on the exchange.
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