Bitcoin Touches $78,000 Mark Briefly as Kimchi Premium Turns Negative
Bitcoin's price reached a new high on August 24, briefly surpassing $78,000. According to recent data from Binance's USDT market, Bitcoin was trading at $77,930 as of 7:35 p.m., representing a 1.44% increase from the previous day.
The kimchi premium for major cryptocurrencies including Bitcoin stood at -0.70% on the same day, according to Cryprice.