Bitcoin Trades Around 43 Million KRW... Ethereum Down 3.6%
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[Asia Economy Reporter Park Jihwan] Bitcoin, the cryptocurrency with the largest market capitalization, is trading in the 43 million KRW range on the morning of the 12th.
As of 9:17 AM, the price of 1 Bitcoin on the domestic cryptocurrency exchange Bithumb is 43,549,000 KRW, up 0.75% compared to 24 hours ago. It has been fluctuating between 42 million and 43 million KRW for two consecutive days. On another exchange, Upbit, 1 Bitcoin is priced at 43,600,000 KRW.
Unlike stocks, cryptocurrency prices are set per exchange, so even the same type of cryptocurrency can have slight price differences depending on the exchange.
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Ethereum, which has the second largest market capitalization, is trading at 2,737,000 KRW and 2,739,000 KRW on Bithumb and Upbit respectively at the same time. This is about 3.63% lower than the previous day (based on Bithumb).
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