Bitcoin
$37,872.70+1.69%
Ethereum
$2,052.86+1.25%
Binance Coin
$228.64+0.55%
XRP
$0.61161226+1.40%
Solana
$58.05+5.32%
Cardano
$0.38539981+2.25%
Dogecoin
$0.08067845+2.68%
Tron
$0.10309001+0.57%
Toncoin
$2.46+0.23%
Chainlink
$14.54+2.27%
Avalanche
$20.61+1.14%
Polygon
$0.74871536+0.64%
PlayIconNav
Crypto Prices CoinDesk Market Index CoinDesk Market Index
Markets

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.

By Stan Higgins
AccessTimeIconNov 27, 2017 at 3:03 p.m. UTC
Updated Sep 13, 2021 at 7:12 a.m. UTC
Won

10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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

On Bithumb – the region's largest exchange by trade volume – bitcoin is trading at roughly $10,052. On exchanges Coinone and Korbit, 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 CoinMarketCap.com. CoinDesk's Bitcoin Price Index (BPI) 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 could push above this threshold. Bitcoin has already seen significant price gains in recent days, rising past $9,000 for the first time over the weekend.

Those gains – as well as ones seen with other cryptocurrencies – have resulted in the overall market capitalization rising above $300 billion for the first time.

Korean won image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets including bitcoin and EOS. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.