Bitcoin Shows 0.58% Kimchi Premium in Korean Market on April 11

As of 12:00 AM KST on April 11, Bitcoin (BTC) was trading at 108.35 million KRW on South Korea’s Upbit exchange, up 1.61% from the previous day. On global exchange Binance, BTC was priced at 107.72 million KRW, reflecting a price gap of 0.63 million KRW and a kimchi premium of 0.58%.

Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 0.64%. Other major altcoins also showed similar premiums: Solana (SOL) at 0.45%, XRP (XRP) at 0.51%, Dogecoin (DOGE) at 0.60%, and Sui (SUI) at 0.56%. Most top altcoins are currently trading with a premium in the 0.4% to 0.6% range.

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IT Times Kunyoung Kim ([email protected])