Bitcoin shows -1.38% reverse kimchi premium in Korean market on June 28. As of 12:00 AM KST on June 28, Bitcoin (BTC) was trading at 91.81 million KRW on South Korea’s Upbit exchange, up 0.69
As of 12:00 AM KST on June 28, Bitcoin (BTC) was trading at 91.81 million KRW on South Korea’s Upbit exchange, up 0.69% from the previous day. On global exchange Binance, BTC was priced at 93.10 million KRW, reflecting a negative price gap of 1.29 million KRW and a reverse kimchi premium of -1.38%.
Ethereum (ETH), the leading altcoin, recorded a -1.45% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.43%, XRP (XRP) at -1.46%, Dogecoin (DOGE) at -1.42%, and Sui (SUI) at -1.34%. Most major altcoins are currently trading with a reverse premium in the -1.3% to -1.4% range.
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IT Times Kunyoung Kim ([email protected])
