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[Bitcoin Now] Domestic Bitcoin at 12.35 Million Won... Cryptocurrency Faces Sharp Decline

[Asia Economy Reporter Minji Lee] On the afternoon of the 4th, major cryptocurrencies including Bitcoin showed a sharp decline. It was traded at 12.35 million KRW domestically and 10,321 USD overseas.


[Bitcoin Now] Domestic Bitcoin at 12.35 Million Won... Cryptocurrency Faces Sharp Decline Photo by Getty Images Bank


According to the cryptocurrency exchange Bithumb at 3:25 PM that day, Bitcoin was traded at 12.35 million KRW, down 4.60% (596,000 KRW) from the previous session. The trading volume at this time was 110.3 billion KRW.


At the same time, other cryptocurrencies such as Ethereum (-5.65%), Ripple (-4.71%), EOS (-7.35%), Chainlink (-10.85%), Bitcoin Cash (-8.36%), and Bitcoin SV (-8.48%) also declined.


According to another cryptocurrency exchange Upbit, Bitcoin was traded at 12.356 million KRW, up 0.43% (53,000 KRW) from the previous session. Among other cryptocurrencies, Tron (4.30%), Ethereum (0.45%), Ripple (1.35%), and EOS (1.58%) rose, while Bitcoin Cash (-0.07%) and Chainlink (-1.11%) fell.


In the overseas market, Bitcoin also showed a slight downward trend. According to the cryptocurrency market data company CoinMarketCap, at the same time, Bitcoin was traded at 10,321.43 USD, down 8.85% from the previous day. Among other cryptocurrencies, Ethereum (-10.24%), Tether (-0.01%), Chainlink (-15.86%), and Bitcoin Cash (-13.8%) also declined.


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