Bitcoin records -1.28% reverse kimchi premium in South Korea on August 24. As of 12:00 AM KST on August 24, Bitcoin (BTC) was trading at 105.90 million KRW on South Korea's Upbit exchange, up
As of 12:00 AM KST on August 24, Bitcoin (BTC) was trading at 105.90 million KRW on South Korea's Upbit exchange, up 0.29% from the previous day. On global exchange Binance, BTC was priced at 107.27 million KRW, reflecting a negative price gap of 1.37 million KRW and a reverse kimchi premium of -1.28%.
Ethereum (ETH), the leading altcoin, recorded a -1.24% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.36%, XRP (XRP) at -1.33%, Dogecoin (DOGE) at -1.45%, and Sui (SUI) at -1.29%. Most major altcoins are currently trading with a reverse kimchi premium in the -1.2% to -1.4% range.
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IT Times Kunyoung Kim ([email protected])
