Bitcoin records -1.05% reverse kimchi premium in South Korea on July 20. As of 12:00 AM KST on July 20, Bitcoin (BTC) was trading at 95.00 million KRW on South Korea's Upbit exchange, down 0.
As of 12:00 AM KST on July 20, Bitcoin (BTC) was trading at 95.00 million KRW on South Korea's Upbit exchange, down 0.51% from the previous day. On global exchange Binance, BTC was priced at 96.01 million KRW, reflecting a negative price gap of 1.01 million KRW and a reverse kimchi premium of -1.05%.
Ethereum (ETH), the leading altcoin, recorded a -0.99% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.03%, XRP (XRP) at -1.02%, Dogecoin (DOGE) at -1.81%, and Sui (SUI) at -0.97%. Most major altcoins are currently trading with a reverse kimchi premium in the -0.9% to -1.8% range.
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IT Times Kunyoung Kim ([email protected])
