Bitcoin shows -0.69% reverse kimchi premium in Korean market on July 10. As of 12:00 AM KST on July 10, Bitcoin (BTC) was trading at 94.23 million KRW on South Korea's Upbit exchange, up 1.42
As of 12:00 AM KST on July 10, Bitcoin (BTC) was trading at 94.23 million KRW on South Korea's Upbit exchange, up 1.42% from the previous day. On global exchange Binance, BTC was priced at 94.88 million KRW, reflecting a negative price gap of 650,000 KRW and a reverse kimchi premium of -0.69%.
Ethereum (ETH), the leading altcoin, recorded a -0.66% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.69%, XRP (XRP) at -0.64%, Dogecoin (DOGE) at -0.40%, and Sui (SUI) at -0.74%. Most major 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])
