Bitcoin Price Dips Below $80,000 Before Rebounding
Bitcoin's price briefly dipped below $80,000 on August 25. As of 4:48 p.m., the cryptocurrency was trading at $79,896 on Binance's USDT market, marking a 3.26% increase from the previous day.
The kimchi premium for major cryptocurrencies, including Bitcoin, stood at -0.31% on August 25. The kimchi premium is an indicator of demand in South Korea compared to other markets.