Bitcoin records -1.35% reverse kimchi premium in South Korea on August 21. As of 12:00 AM KST on August 21, Bitcoin (BTC) was trading at 98.74 million KRW on South Korea's Upbit exchange, up
As of 12:00 AM KST on August 21, Bitcoin (BTC) was trading at 98.74 million KRW on South Korea's Upbit exchange, up 3.56% from the previous day. On global exchange Binance, BTC was priced at 100.09 million KRW, reflecting a negative price gap of 1.35 million KRW and a reverse kimchi premium of -1.35%.
Ethereum (ETH), the leading altcoin, recorded a -1.37% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.33%, XRP (XRP) at -1.26%, Dogecoin (DOGE) at -2.10%, and Sui (SUI) at -1.24%. Most major altcoins are currently trading with a reverse kimchi premium in the -1.2% to -2.1% range.
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IT Times Kunyoung Kim ([email protected])
