Bitcoin Records -0.28% Reverse Kimchi Premium in South Korea on September 26
Bitcoin records -0.28% reverse kimchi premium in South Korea on September 26. As of 12:00 AM KST on September 26, Bitcoin (BTC) was trading at 113.47 million KRW on South Korea's Upbit exchan
A
AnonymousCryptoCompass newsroom
September 25, 2026
1 min read
NEWS
CryptoCompass editorial visual for altcoins coverage.
Bitcoin records -0.28% reverse kimchi premium in South Korea on September 26.
As of 12:00 AM KST on September 26, Bitcoin (BTC) was trading at 113.47 million KRW on South Korea's Upbit exchange, down 1.44% from the previous day. On global exchange Binance, BTC was priced at 113.78 million KRW, reflecting a price gap of -310,000 KRW and a reverse kimchi premium of -0.28%.
Ethereum (ETH), the leading altcoin, recorded a -0.32% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.34%, XRP (XRP) at -0.36%, Dogecoin (DOGE) at -0.41%, and Sui (SUI) at -0.54%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.3% to -0.5% range.
Bloomberg commodity strategist Mike McGlone reiterated his prediction that Bitcoin (BTC) could fall to $10,000, calling the cryptocurrency a “complete stock puppet” whose performance remains
US spot Bitcoin ETFs have become the market’s most-watched demand signal. When institutional buying through these products slows or stops, Bitcoin has repeatedly struggled to hold its trend.
XRP traded relatively weakly on Monday, closing around $1.50 after falling roughly 1.27% during the session, according to CoinMarketCap data. The decline came as XRP struggled to reclaim the