Bitcoin shows -1.32% reverse kimchi premium in Korean market on June 13. As of 12:00 AM KST on June 13, Bitcoin (BTC) was trading at 96.60 million KRW on South Korea’s Upbit exchange, up 1.02
As of 12:00 AM KST on June 13, Bitcoin (BTC) was trading at 96.60 million KRW on South Korea’s Upbit exchange, up 1.02% from the previous day. On global exchange Binance, BTC was priced at 97.89 million KRW, reflecting a negative price gap of 1.29 million KRW and a reverse kimchi premium of -1.32%.
Ethereum (ETH), the leading altcoin, recorded a -1.25% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.27%, XRP (XRP) at -1.34%, Dogecoin (DOGE) at -1.68%, and Sui (SUI) at -1.35%. Most major altcoins are currently trading with a reverse premium in the -1.2% to -1.6% range.
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IT Times Kunyoung Kim ([email protected])
