Bitcoin Shows 0.41% Kimchi Premium in Korean Market on September 10

As of 12:00 AM KST on September 10, Bitcoin (BTC) was trading at 155.71 million KRW on South Korea's Upbit exchange, down 0.22% from the previous day. On global exchange Binance, BTC was priced at 155.08 million KRW, resulting in a price gap of 630,000 KRW and a Kimchi Premium of 0.41%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 0.44%. Other major altcoins also displayed notable premiums: Solana (SOL) at 0.33%, XRP (XRP) at 0.36%, Dogecoin (DOGE) at 0.66%, and Shiba Inu (SHIB) at 0.92%. Most top altcoins are currently trading with a premium in the 0.3% to 0.9% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)