Add preferred source
Bitcoin recovered the $78,000 level on Nov. 4, rising 1.42% from the previous day to $78,022.59 on Binance‘s USDT market. On Upbit’s won market, it traded at 105 million won (approximately $78,000), up 1.3%. Major altcoins rallied alongside: Ethereum gained 1.73% to $2,294.87, XRP rose 2.44% to $1.2838, and Solana climbed 1.68% to $93.65. As of midnight on Nov. 4, the Bitcoin price gap between Upbit and Binance stood at 250,000 won (approximately $190), putting the Kimchi Premium at 0.24%. Altcoin premiums ranged from the 0.1% level to the 0.9% level: Ethereum 0.27%, Solana 0.24%, XRP 0.28%, Dogecoin 0.92% and Sui 0.19%.
Key Elements
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%.
| Asset | Price | Change from Previous Day |
|---|---|---|
| Bitcoin (BTC) | $78,022.59 | +1.42% |
| Ethereum (ETH) | $2,294.87 | +1.73% |
| XRP | $1.2838 | +2.44% |
| Solana (SOL) | $93.65 | +1.68% |
Note: Based on Binance USDT market, 6:45 a.m. on Nov. 4.
