Bitcoin Shows -0.56% Reverse Kimchi Premium in Korean Market on April 15

As of 12:00 AM KST on April 15, Bitcoin (BTC) was trading at 110.50 million KRW on South Korea’s Upbit exchange, up 0.63% from the previous day. On global exchange Binance, BTC was priced at 111.11 million KRW, reflecting a negative price gap of 610,000 KRW and a reverse kimchi premium of -0.56%.

Ethereum (ETH), the leading altcoin, recorded a -0.43% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.48%, XRP (XRP) at -0.42%, Dogecoin (DOGE) at -0.77%, and Sui (SUI) at -0.59%. Most top altcoins are currently trading with a reverse premium in the -0.4% to -0.7% range.

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IT Times Kunyoung Kim ([email protected])