Bitcoin records -0.75% reverse kimchi premium in South Korea on September 23. As of 12:00 AM KST on September 23, Bitcoin (BTC) was trading at 116.31 million KRW on South Korea's Upbit exchan
As of 12:00 AM KST on September 23, Bitcoin (BTC) was trading at 116.31 million KRW on South Korea's Upbit exchange, down 0.69% from the previous day. On global exchange Binance, BTC was priced at 117.19 million KRW, reflecting a price gap of -880,000 KRW and a reverse kimchi premium of -0.75%.
Ethereum (ETH), the leading altcoin, recorded a -0.78% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.79%, XRP (XRP) at -0.81%, Dogecoin (DOGE) at -0.75%, and Sui (SUI) at -0.73%. 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])
