Bitcoin records -0.06% reverse kimchi premium in South Korea on July 28. As of 12:00 AM KST on July 28, Bitcoin (BTC) was trading at 94.32 million KRW on South Korea's Upbit exchange, down 0.
As of 12:00 AM KST on July 28, Bitcoin (BTC) was trading at 94.32 million KRW on South Korea's Upbit exchange, down 0.79% from the previous day. On global exchange Binance, BTC was priced at 94.38 million KRW, reflecting a negative price gap of 60,000 KRW and a reverse kimchi premium of -0.06%.
Ethereum (ETH), the leading altcoin, recorded a -0.12% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.04%, XRP (XRP) at -0.01%, Dogecoin (DOGE) at -0.25%, and Sui (SUI) at -0.07%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.25% to -0.01% range.
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IT Times Kunyoung Kim ([email protected])
