According to data from Coinmarketcap, pulled a few minutes ago, Bitcoin already broke above the psychological level of $10,000, but only in Korean exchanges.
Both Upbit and Bithumb are trading BTC/KRW pairs (which is BTC for fiat, Korean Won).
During last year bull run, Korean exchanges traded every single crypto pair at a premium, which drove the price significantly higher. It remains to be seen if this premium will return, and also if the BTC price will break the $10,000 level on other exchanges and pairs.
Enjoy your weekend :)
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Looks like we might be going from FUD to FOMO soon
Yahoo shows $9,968 was the high. So close! lol
$10,000 you meant, right?
yeap, I stand corrected, thanks for the heads up.
You are welcome:)
Look Korean Exchange Bithumb Has Reserves Worth $6 Billion in 12 Cryptocurrencies
I think the rise in the price of bitcoin can significantly affect the price of steem and sbd if the above $10000 stays for long
OH I SEE!!! It is getting the heat!!
I'll be interesting to watch!
Although the $ 10,000 is an important psychological level, I think the strongest resistance will be the 11800 since it could not be overcome in February.
For now, it would be a good time for BTC to consolidate prices a little above $ 10,000 and for the altcoins to recover some of the value they have lost in satoshis.
5-10-20 day moving averages almost buy signal as it was in 2012 on Bitcoin weekly chart that might be strong bull signal.
This is a good news for steemians as well.
Bitcoin price will put impact on steem as well.
Wow, 10,000 that’s great news. We all know when bitcoin rises all other crypto does . Quite a good news
BTC was under 10k for too long
only koreian exchange, i think its effect will be all exchange.
bitcoain on fire again.
only bitcoain is real.
This piece is so informative, I will never have learnt any things of such if not for this research work done by you. Keep the good work flowing man. See you at the top
Great new bitcoin to the moon😊
It's about time for that BTC was under 10k for too long
wow its great bitcoin broke 10000 !!!
The market is moving up very fast i think that on this weekend prices will go up very strong
Togather two koria may be affect the great market.
Yes but the trading volume there is still low in few hours we will see it in the US exchanges as well
I have heard this Jun-Jul will make it over 20K! What are your thoughts?
It's only a matter of time before it translates to Other major markets. I really expect it to hit premium everywhere by years end
looks like we might be getting back to the green surge of december, maybe hit back at $800B market cap and beyond......
This is great news! Korea seem to always pay a little extra for their cryptos, and it makes me wonder why they don't just use the international exchanges? I guess they could make some easy money by buying internationally and selling on a Korean exchange?
Anyway, I hope the rest of the world follows in hitting $10k! :)
Thats good or bad? should I buy, sell? what am I saying? I only have bolivares and with that I can not buy anything
Good news! I'm curious about the next couple of months
i dont know about bitcoain ... bt i want to know
oh yeah that's the biggest thing happened today in crypto :D
Get ready for the ride to moon baby!
Not only on Korean exchanges.
If you see the picture in the original post, you can see that the 8th exchange is "OKEx" and the price is $10,014.30 USD on the EOS/BTC pair, and "OKEx" is from Belize, not Korea.
This means that once again there are arbitrage possibilities. How could we benefit from that?