Bitcoin records -0.27% reverse kimchi premium in South Korea on July 27. As of 12:00 AM KST on July 27, Bitcoin (BTC) was trading at 94.41 million KRW on South Korea's Upbit exchange, up 0.19
As of 12:00 AM KST on July 27, Bitcoin (BTC) was trading at 94.41 million KRW on South Korea's Upbit exchange, up 0.19% from the previous day. On global exchange Binance, BTC was priced at 94.67 million KRW, reflecting a negative price gap of 260,000 KRW and a reverse kimchi premium of -0.27%.
Ethereum (ETH), the leading altcoin, recorded a -0.23% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.26%, XRP (XRP) at -0.29%, Dogecoin (DOGE) at -0.64%, and Sui (SUI) at -0.23%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.2% to -0.6% range.
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IT Times Kunyoung Kim ([email protected])
