Bitcoin shows -0.69% reverse kimchi premium in Korean market on July 13. As of 12:00 AM KST on July 13, Bitcoin (BTC) was trading at 95.66 million KRW on South Korea's Upbit exchange, up 0.46
As of 12:00 AM KST on July 13, Bitcoin (BTC) was trading at 95.66 million KRW on South Korea's Upbit exchange, up 0.46% from the previous day. On global exchange Binance, BTC was priced at 96.33 million KRW, reflecting a negative price gap of 670,000 KRW and a reverse kimchi premium of -0.69%.
Ethereum (ETH), the leading altcoin, recorded a -0.78% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -0.82%, XRP (XRP) at -0.71%, Dogecoin (DOGE) at -0.64%, and Sui (SUI) at -0.67%. Most major altcoins are currently trading with a reverse premium in the -0.6% to -0.8% range.
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IT Times Kunyoung Kim ([email protected])
