[Bitcoin Now] Domestic Price at 11.4 Million KRW... Down 1.8% from Previous Day

[Asia Economy Reporter Park Jihwan] On the afternoon of the 25th, major cryptocurrencies including Bitcoin are showing a downward trend.

According to the cryptocurrency exchange Bithumb at 3:20 PM, Bitcoin was recorded at 11,449,000 KRW, down 211,000 KRW (1.81%) compared to 24 hours earlier. The trading volume for the day was approximately 35.4 billion KRW.

Major cryptocurrencies also showed a decline on this day. On Bithumb, along with Bitcoin, most cryptocurrencies such as Ripple (-2.27%), Ethereum (-3.70%), EOS (-3.65%), Bitcoin Cash (-3.99%), and Litecoin (-2.60%) experienced simultaneous declines. The drop ranged widely from 2% to over 4%.

The situation in overseas markets is not much different. According to CoinMarketCap, an overseas cryptocurrency market data company, Bitcoin was down 1.75% compared to 24 hours earlier, priced at $9,578.92.

Along with Bitcoin, major cryptocurrencies such as Ripple (-2.37%), Ethereum (-3.15%), EOS (-4.27%), and Litecoin (-3.85%) also declined. In particular, Bitcoin Cash fell by as much as 5.42% compared to 24 hours earlier.