Bitcoin records -0.74% reverse kimchi premium in South Korea on August 3. As of 12:00 AM KST on August 3, Bitcoin (BTC) was trading at 90.51 million KRW on South Korea's Upbit exchange, down
As of 12:00 AM KST on August 3, Bitcoin (BTC) was trading at 90.51 million KRW on South Korea's Upbit exchange, down 0.06% from the previous day. On global exchange Binance, BTC was priced at 91.18 million KRW, reflecting a negative price gap of 670,000 KRW and a reverse kimchi premium of -0.74%.
Ethereum (ETH), the leading altcoin, recorded a -0.79% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.81%, XRP (XRP) at -0.86%, Dogecoin (DOGE) at -0.78%, and Sui (SUI) at -0.80%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.7% to -0.8% range.
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IT Times Kunyoung Kim ([email protected])
