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Cryptocurrency News Articles
Bitcoin (BTC) has been moving between $80,00 and $85,00 for the fourth day as the uncertain market for the U.S.-China trade dispute continues.
Apr 16, 2025 at 10:31 am
In the meantime, most of the world's transactions are from de facto kimchi coins from Korean exchanges. All of the top coins in the upbit growth rate over the past week were also taken up by coins with a high share of Korean transactions.
Bitcoin has been moving between $83,000 and $85,000 for the fourth day as the uncertain market for the U.S.-China trade dispute continues.
In the meantime, most of the world's transactions are from de facto kimchi coins from Korean exchanges.
All of the top coins in the upbit growth rate over the past week were also taken up by coins with a high share of Korean transactions.
With bitcoin slowing down recently, kimchi coins have been on a high rise.
According to Upbit on the 16th, Argo was the top gainer in the past week, up 220.14% from the previous week.
The coin has 62% of the world's trading volume concentrated on Upbit.
Combining Bithumb's trading volume, 72.75 percent of the world's trading volume comes from Korea.
This coin is a so-called "Kimchi Coin" issued in Korea and was developed based on the technology of blockchain company Bloco.
Mergers and issuance of new tokens are on the rise.
Argo passed a governance vote on the 9th to merge the ecosystem with Alpha Quark (AQT).
Argo will issue a new token 'Houseparty Protocol (HPP)' after ecosystem integration.
After that, both Argo and Alpha Quark will be exchanged for HPP.
Orca, the second-largest Uppit weekly gainer, also rose 68 percent, with Korean trading accounting for 62.40 percent of global trading.
Arthur and Alpha Quark, ranked third and fourth, also account for 90.04% and 99.42%.
Bitcoin is trading at $83,512 as of 10:30 a.m. on the 16th, down 1.59% from 24 hours ago.
Bitcoin was in good shape the previous day, rising to $86,496 before the opening of the U.S. stock market
Since then, it has continued to fall, falling to the $83,000 range.
U.S. President Donald Trump did not comment on tariffs the day before, and there was no good news in the virtual asset market, showing a sluggish trend.
Disclaimer:info@kdj.com
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