Bitcoin shows -1.25% reverse kimchi premium in Korean market on June 26. As of 12:00 AM KST on June 26, Bitcoin (BTC) was trading at 90.47 million KRW on South Korea’s Upbit exchange, down 2.
As of 12:00 AM KST on June 26, Bitcoin (BTC) was trading at 90.47 million KRW on South Korea’s Upbit exchange, down 2.28% from the previous day. On global exchange Binance, BTC was priced at 91.62 million KRW, reflecting a negative price gap of 1.15 million KRW and a reverse kimchi premium of -1.25%.
Ethereum (ETH), the leading altcoin, recorded a -1.30% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.42%, XRP (XRP) at -1.32%, Dogecoin (DOGE) at -0.65%, and Sui (SUI) at -1.56%. Most major altcoins are currently trading with a reverse premium in the -0.6% to -1.5% range.
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IT Times Kunyoung Kim ([email protected])
