Bitcoin Shows -0.64% Reverse Kimchi Premium in Korean Market on April 9

By IT Times
about 4 hours ago
DOGE SOL APRIL DOGE SUI
Bitcoin shows -0.64% reverse kimchi premium in Korean market on April 9.

As of 12:00 AM KST on April 9, Bitcoin (BTC) was trading at 105.49 million KRW on South Korea’s Upbit exchange, down 1.65% from the previous day. On global exchange Binance, BTC was priced at 106.17 million KRW, reflecting a negative price gap of 0.68 million KRW and a reverse kimchi premium of -0.64%.

Ethereum (ETH), the leading altcoin, recorded a -0.61% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.61%, XRP (XRP) at -0.61%, Dogecoin (DOGE) at -0.15%, and Sui (SUI) at -0.72%. Most top altcoins are currently trading with a reverse premium in the -0.1% to -0.7% range.

IT Times Kunyoung Kim ([email protected])

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