Bitcoin records -1.46% reverse kimchi premium in South Korea on July 30. As of 12:00 AM KST on July 30, Bitcoin (BTC) was trading at 92.07 million KRW on South Korea's Upbit exchange, down 0.
As of 12:00 AM KST on July 30, Bitcoin (BTC) was trading at 92.07 million KRW on South Korea's Upbit exchange, down 0.65% from the previous day. On global exchange Binance, BTC was priced at 93.44 million KRW, reflecting a negative price gap of 1.37 million KRW and a reverse kimchi premium of -1.46%.
Ethereum (ETH), the leading altcoin, recorded a -1.52% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.48%, XRP (XRP) at -1.39%, Dogecoin (DOGE) at -1.27%, and Sui (SUI) at -1.61%. Most major altcoins are currently trading with a reverse kimchi premium in the -1.2% to -1.6% range.
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IT Times Kunyoung Kim ([email protected])
