Bitcoin records -1.55% reverse kimchi premium in South Korea on September 20. As of 12:00 AM KST on September 20, Bitcoin (BTC) was trading at 111.56 million KRW on South Korea's Upbit exchan
As of 12:00 AM KST on September 20, Bitcoin (BTC) was trading at 111.56 million KRW on South Korea's Upbit exchange, up 0.83% from the previous day. On global exchange Binance, BTC was priced at 113.31 million KRW, reflecting a price gap of -1.75 million KRW and a reverse kimchi premium of -1.55%.
Ethereum (ETH), the leading altcoin, recorded a -1.49% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.59%, XRP (XRP) at -1.48%, Dogecoin (DOGE) at -1.33%, and Sui (SUI) at -1.42%. Most major altcoins are currently trading with a reverse kimchi premium in the -1.3% to -1.5% range.
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IT Times Kunyoung Kim ([email protected])
