Bitcoin shows -1.41% reverse kimchi premium in Korean market on June 29. As of 12:00 AM KST on June 29, Bitcoin (BTC) was trading at 90.95 million KRW on South Korea’s Upbit exchange, down 0.
As of 12:00 AM KST on June 29, Bitcoin (BTC) was trading at 90.95 million KRW on South Korea’s Upbit exchange, down 0.21% from the previous day. On global exchange Binance, BTC was priced at 92.25 million KRW, reflecting a negative price gap of 1.30 million KRW and a reverse kimchi premium of -1.41%.
Ethereum (ETH), the leading altcoin, recorded a -1.47% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.45%, XRP (XRP) at -1.46%, Dogecoin (DOGE) at -1.96%, and Sui (SUI) at -1.54%. Most major altcoins are currently trading with a reverse premium in the -1.4% to -1.9% range.
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IT Times Kunyoung Kim ([email protected])
