Bitcoin shows -1.28% reverse kimchi premium in Korean market on June 21. As of 12:00 AM KST on June 21, Bitcoin (BTC) was trading at 96.54 million KRW on South Korea’s Upbit exchange, up 0.46
As of 12:00 AM KST on June 21, Bitcoin (BTC) was trading at 96.54 million KRW on South Korea’s Upbit exchange, up 0.46% from the previous day. On global exchange Binance, BTC was priced at 97.79 million KRW, reflecting a negative price gap of 1.25 million KRW and a reverse kimchi premium of -1.28%.
Ethereum (ETH), the leading altcoin, recorded a -1.29% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.38%, XRP (XRP) at -1.24%, Dogecoin (DOGE) at -0.69%, and Sui (SUI) at -1.30%. Most major altcoins are currently trading with a reverse premium in the -0.6% to -1.3% range.
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IT Times Kunyoung Kim ([email protected])
