Bitcoin Briefly Gives Up $80,000; Kimchi Premium at -0.31%

Bitcoin briefly fell back below $80,000.

As of 4:48 p.m. on August 25, Bitcoin was trading at $79,896 on Binance's USDT market, up 3.26% from a day earlier.

Separately, Cryprice data showed the kimchi premium for major cryptocurrencies including Bitcoin at -0.31% on the day.