Bitcoin records -1.88% reverse kimchi premium in South Korea on September 22. As of 12:00 AM KST on September 22, Bitcoin (BTC) was trading at 115.88 million KRW on South Korea's Upbit exchan
As of 12:00 AM KST on September 22, Bitcoin (BTC) was trading at 115.88 million KRW on South Korea's Upbit exchange, up 4.25% from the previous day. On global exchange Binance, BTC was priced at 118.09 million KRW, reflecting a price gap of -2.21 million KRW and a reverse kimchi premium of -1.88%.
Ethereum (ETH), the leading altcoin, recorded a -1.72% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.88%, XRP (XRP) at -1.74%, Dogecoin (DOGE) at -2.06%, and Sui (SUI) at -1.72%. Most major altcoins are currently trading with a reverse kimchi premium in the -1.7% to -2.0% range.
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IT Times Kunyoung Kim ([email protected])
