Bitcoin Surges Past $85,000 as Ether Hits New Heights

Bitcoin's price has surpassed $85,000, marking a significant milestone in its ongoing upward trend. As of October 4 at 5:23 p.m. in Korea, Bitcoin was trading at $85,132.47, representing a 0.66% increase from the previous day and a 0.4% rise over the past week.

The kimchi premium, a measure of the difference between domestic and international prices, remained steady at 0.70%, staying within the 0% range. This suggests that demand for Bitcoin in Korea remains strong, but the premium is not widening significantly.

Ethereum also saw significant gains, with its price rising above $2,700. CoinMarketCap data showed Ether trading at $2,700.07 as of October 4 at 5:23 p.m. in Korea, a slight increase from the previous day's price.