[Bitcoin Now] Below 20 Million Won... Major Cryptocurrencies Show Deep Decline

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[Asia Economy Reporter Kum Boryeong] Bitcoin showed a downward trend, breaking below the 20 million KRW mark domestically.

As of 2:53 PM on the 9th, Bitcoin on the cryptocurrency exchange Upbit was recorded at 19,692,000 KRW, down 1.59% (318,000 KRW) compared to the previous day.

On Upbit, major cryptocurrencies such as Ripple (2.78%), Ethereum (2.05%), Ada (3.87%), and Stellar Lumens (2.99%) also showed a downward trend.

On another cryptocurrency exchange, Huobi Korea, at the same time, Bitcoin was down 3.45% from the previous day at 19,712,000 KRW. The day's high was 20,689,000 KRW.

On Huobi Korea as well, Ethereum (4.83%), EOS (3.55%), Bitcoin Cash (3.88%), and Ada (6.88%) declined.

Overseas, cryptocurrencies including Bitcoin were also on a downward trend. According to CoinMarketCap, a cryptocurrency market data company, Bitcoin was down 5.17% from 24 hours ago, trading at $18,193.56. Ethereum (7.11%), Ripple (9.19%), Litecoin (8.82%), and Bitcoin Cash (6.61%) also fell together.