Bitcoin Shows 0.14% Kimchi Premium in Korean Market on September 9

As of 12:00 AM KST on September 9, Bitcoin (BTC) was trading at 156.5 million KRW on South Korea's Upbit exchange, up 0.97% from the previous day. On global exchange Binance, BTC was priced at 156.28 million KRW, resulting in a price gap of 220,000 KRW and a Kimchi Premium of 0.14%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 0.15%. Other major altcoins also displayed notable premiums: Solana (SOL) at 0.15%, XRP (XRP) at 0.14%, Dogecoin (DOGE) at 0.10%, and Shiba Inu (SHIB) at 0.42%. Most top altcoins are currently trading with a premium in the 0.1% to 0.4% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)