Bitcoin Shows 0.12% Kimchi Premium in Korean Market on September 21

As of 12:00 AM KST on September 21, Bitcoin (BTC) was trading at 162.39 million KRW on South Korea’s Upbit exchange, marking a 0.15% increase from the previous day. On global exchange Binance, BTC was priced at 162.19 million KRW, resulting in a price gap of 200,000 KRW and a Kimchi Premium of 0.12%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 0.12%. Other major altcoins also showed modest premiums: Solana (SOL) at 0.12%, XRP (XRP) at 0.16%, Dogecoin (DOGE) at 0.14%, and Shiba Inu (SHIB) at 0.36%. Overall, most top altcoins are trading with premiums ranging between 0.1% and 0.3%.

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IT Times YoungHa Kim (yhkim@ittimes.com)