Bitcoin Shows 0.09% Kimchi Premium in Korean Market on September 20

As of 12:00 AM KST on September 20, Bitcoin (BTC) was trading at 161.97 million KRW on South Korea's Upbit exchange, down 0.31% from the previous day. On global exchange Binance, BTC was priced at 161.82 million KRW, resulting in a price gap of 150,000 KRW and a Kimchi Premium of 0.09%.

Ethereum (ETH), the leading altcoin, recorded a Kimchi Premium of 0.10%. Other major altcoins also displayed modest premiums: Solana (SOL) at 0.20%, XRP (XRP) at 0.15%, Dogecoin (DOGE) at 0.16%, and Shiba Inu (SHIB) at 0.10%. Most top altcoins are currently trading with a premium in the 0.1% to 0.2% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)