Bitcoin shows -1.18% reverse Kimchi premium in Korean market on June 30. As of 12:00 AM KST on June 30, Bitcoin (BTC) was trading at 90.13 million KRW on South Korea’s Upbit exchange, down 0.
As of 12:00 AM KST on June 30, Bitcoin (BTC) was trading at 90.13 million KRW on South Korea’s Upbit exchange, down 0.11% from the previous day. On global exchange Binance, BTC was priced at 91.21 million KRW, reflecting a negative price gap of 1.08 million KRW and a reverse kimchi premium of -1.18%.
Ethereum (ETH), the leading altcoin, recorded a -1.23% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.03%, XRP (XRP) at -1.25%, Dogecoin (DOGE) at -1.16%, and Sui (SUI) at -1.22%. Most major altcoins are currently trading with a reverse premium in the -1.0% to -1.2% range.
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IT Times Kunyoung Kim ([email protected])
