Bitcoin (BTC) has stepped back above the $78,000 line. At 6:45 a.m. on Nov. 4, Bitcoin was trading at $78,022.59 on Binance's USDT market, up 1.42% from the previous day. At the same time, it stood at 105 million won (approximately $78,000) on Upbit's won market, up 1.3%.
Major altcoins are also rising across the board. Ethereum (ETH) is trading at $2,294.87, up 1.73%, while XRP is up 2.44% at $1.2838. Solana (SOL) also gained 1.68% to $93.65.
The Kimchi Premium in the South Korean market stayed at a modest level. As of midnight on Nov. 4, Bitcoin was at 104.19 million won (approximately $78,000) on Upbit, up 0.52% from the previous day, and at 103.94 million won (approximately $77,000) on Binance. The price gap between the two exchanges was 250,000 won (approximately $190), with the Kimchi Premium at 0.24%.
Altcoin premiums ranged from the 0.1% level to the 0.9% level. Ethereum recorded 0.27%, Solana 0.24%, XRP 0.28%, Dogecoin (DOGE) 0.92% and Sui (SUI) 0.19%.
Note: Based on Binance USDT market, 6:45 a.m. on Nov. 4.
