Bitcoin records -0.62% reverse kimchi premium in South Korea on August 2. As of 12:00 AM KST on August 2, Bitcoin (BTC) was trading at 90.71 million KRW on South Korea's Upbit exchange, up 0.
As of 12:00 AM KST on August 2, Bitcoin (BTC) was trading at 90.71 million KRW on South Korea's Upbit exchange, up 0.39% from the previous day. On global exchange Binance, BTC was priced at 91.28 million KRW, reflecting a negative price gap of 570,000 KRW and a reverse kimchi premium of -0.62%.
Ethereum (ETH), the leading altcoin, recorded a -0.52% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.56%, XRP (XRP) at -0.61%, Dogecoin (DOGE) at -0.44%, and Sui (SUI) at -0.72%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.4% to -0.7% range.
Join Our Telegram Channel for Breaking News
IT Times Kunyoung Kim ([email protected])
