Bitcoin Shows 1.68% Kimchi Premium in Korean Market on September 26

As of 12:00 AM KST on September 26, Bitcoin (BTC) was trading at 159.91 million KRW on South Korea’s Upbit exchange, down 0.49% from the previous day. On global exchange Binance, BTC was priced at 157.27 million KRW, reflecting a price gap of 2.64 million KRW and a Kimchi Premium of 1.68%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 1.63%. Other major altcoins also displayed significant premiums: Solana (SOL) at 1.56%, XRP (XRP) at 1.73%, Dogecoin (DOGE) at 1.82%, and Shiba Inu (SHIB) at 1.75%. Most top altcoins are currently trading with a premium ranging between 1.5% and 1.8%.

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IT Times YoungHa Kim (yhkim@ittimes.com)