Bitcoin Shows -1.58% Reverse Kimchi Premium in Korean Market on June 20. As of 12:00 AM KST on June 20, Bitcoin (BTC) was trading at 95.44 million KRW on South Korea’s Upbit exchange, up 0.47
As of 12:00 AM KST on June 20, Bitcoin (BTC) was trading at 95.44 million KRW on South Korea’s Upbit exchange, up 0.47% from the previous day. On global exchange Binance, BTC was priced at 96.97 million KRW, reflecting a negative price gap of 1.53 million KRW and a reverse kimchi premium of -1.58%.
Ethereum (ETH), the leading altcoin, recorded a -1.67% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.56%, XRP (XRP) at -1.67%, Dogecoin (DOGE) at -1.23%, and Sui (SUI) at -1.65%. 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])
