Bitcoin shows -0.66% reverse kimchi premium in Korean market on June 19. As of 12:00 AM KST on June 19, Bitcoin (BTC) was trading at 96.19 million KRW on South Korea’s Upbit exchange, down 1.
As of 12:00 AM KST on June 19, Bitcoin (BTC) was trading at 96.19 million KRW on South Korea’s Upbit exchange, down 1.06% from the previous day. On global exchange Binance, BTC was priced at 96.83 million KRW, reflecting a negative price gap of 640,000 KRW and a reverse kimchi premium of -0.66%.
Ethereum (ETH), the leading altcoin, recorded a -0.64% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.63%, XRP (XRP) at -0.48%, Dogecoin (DOGE) at -0.23%, and Sui (SUI) at -0.65%. Most major altcoins are currently trading with a reverse premium in the -0.2% to -0.6% range.
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IT Times Kunyoung Kim ([email protected])
