Bitcoin Shows 2.12% Kimchi Premium in Korean Market on September 28

As of 12:00 AM KST on September 28, Bitcoin (BTC) was trading at 157.31 million KRW on South Korea's Upbit exchange, down 0.52% from the previous day. On global exchange Binance, BTC was priced at 154.05 million KRW, resulting in a price gap of 3.26 million KRW and a Kimchi Premium of 2.12%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 2.02%. Other major altcoins also displayed notable premiums: Solana (SOL) at 2.11%, XRP (XRP) at 2.09%, Dogecoin (DOGE) at 2.15%, and Shiba Inu (SHIB) at 1.86%. Most top altcoins are currently trading with a premium in the 1.8% to 2.1% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)