[Image source=Reuters Yonhap News]

[Image source=Reuters Yonhap News]

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[Asia Economy Reporter Minji Lee] Bitcoin, the number one cryptocurrency by market capitalization, is showing a slight decline in both domestic and international markets. It is trading around 50.6 million KRW in the domestic market and approximately 43,600 USD in the overseas market.


As of 2:22 PM on the 9th, according to the cryptocurrency exchange Upbit, Bitcoin was trading at 50.56 million KRW, down 0.42% from the previous session. The daily trading volume was about 419.4 billion KRW. After surpassing the 50 million KRW mark for the first time in over 80 days since May 21 last weekend, it showed an upward trend but then slightly declined.


Looking at other cryptocurrencies, Dogecoin (0%), Ripple (1.44%), Qtum (3.96%), and BitTorrent (1.16%) rose, while Ethereum (-1.72%) and EOS (-0.4%) fell.


According to another cryptocurrency exchange, Bithumb, Bitcoin is down 0.15% from 24 hours ago, trading at 50.58 million KRW. Most other major cryptocurrencies also declined, including Ethereum (-1.89%), Dogecoin (-2.03%), Litecoin (-1.09%), EOS (-1.06%), ADA (-1.26%), Bitcoin Cash (-1.08%), and Chainlink (-4.08%).


Bitcoin also showed a slight decline in the overseas market. According to cryptocurrency market data provider CoinMarketCap, at the same time, Bitcoin was trading at 43,605 USD, down 1.97% from 24 hours earlier. Other cryptocurrencies mostly fell as well, including Ethereum (-5.08%), Cardano (-2.56%), Bitcoin Cash (-3.68%), Chainlink (-6.71%), and Dogecoin (-8.57%).





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

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