Bitcoin records -0.61% reverse kimchi premium in South Korea on August 10. As of 12:00 AM KST on August 10, Bitcoin (BTC) was trading at 91.58 million KRW on South Korea's Upbit exchange, up
As of 12:00 AM KST on August 10, Bitcoin (BTC) was trading at 91.58 million KRW on South Korea's Upbit exchange, up 0.25% from the previous day. On global exchange Binance, BTC was priced at 92.14 million KRW, reflecting a negative price gap of 560,000 KRW and a reverse kimchi premium of -0.61%.
Ethereum (ETH), the leading altcoin, recorded a -0.65% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.68%, XRP (XRP) at -0.67%, Dogecoin (DOGE) at -0.79%, and Sui (SUI) at -0.88%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.6% to -0.8% range.
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IT Times Kunyoung Kim ([email protected])
