Ample Money : Bitcoin Price Tops $10,000 on Korean Exchanges

The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals.

On – the region’s largest exchange by trade volume – bitcoin is trading at roughly $10,052. On exchanges and , the cryptocurrency is trading at around 10,979,500 KRW ($10,108) and 10,960,500 KRW ($10,047), respectively.

By contrast, the majority of the world’s bitcoin exchanges are seeing prices between $9,500 and $9,700, according to data from . CoinDesk’s Bitcoin Price Index () is reporting a press-time average of $9,624.90, representing a nearly $300 gain since the day’s open.

The climb above the $10,000 level on those exchanges would seem to add fuel to speculation that markets worldwide this threshold. Bitcoin has already seen significant price gains in recent days, for the first time over the weekend.

Those gains – as well as ones seen with other cryptocurrencies – have resulted in the overall market capitalization for the first time.

via Shutterstock


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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

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