Bitcoin records -0.44% reverse kimchi premium in South Korea on August 13. As of 12:00 AM KST on August 13, Bitcoin (BTC) was trading at 89.44 million KRW on South Korea's Upbit exchange, dow
As of 12:00 AM KST on August 13, Bitcoin (BTC) was trading at 89.44 million KRW on South Korea's Upbit exchange, down 0.22% from the previous day. On global exchange Binance, BTC was priced at 89.83 million KRW, reflecting a negative price gap of 390,000 KRW and a reverse kimchi premium of -0.44%.
Ethereum (ETH), the leading altcoin, recorded a -0.55% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.66%, XRP (XRP) at -0.49%, Dogecoin (DOGE) at -0.69%, and Sui (SUI) at -0.51%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.4% to -0.6% range.
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IT Times Kunyoung Kim ([email protected])
