Bitcoin shows 1.99% kimchi premium in Korean market on November 12.

As of 12:00 AM KST on November 12, Bitcoin (BTC) was trading at 155.33 million KRW on South Korea’s Upbit exchange, down 0.94% from the previous day. On global exchange Binance, BTC was priced at 152.30 million KRW, reflecting a price gap of 3.03 million KRW and a kimchi premium of 1.99%.

As of 12:00 AM KST on November 12, Bitcoin (BTC) was trading at 155.33 million KRW on South Korea’s Upbit exchange, down 0.94% from the previous day. On global exchange Binance, BTC was priced at 152.30 million KRW, reflecting a price gap of 3.03 million KRW and a kimchi premium of 1.99%.

Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 1.92%. Other major altcoins also showed similar premiums: Solana (SOL) at 1.96%, XRP (XRP) at 1.97%, Dogecoin (DOGE) at 2.06%, and Shiba Inu (SHIB) at 1.72%. Most top altcoins are currently trading with a premium in the 1.7% to 2.0% range.

Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 1.92%. Other major altcoins also showed similar premiums: Solana (SOL) at 1.96%, XRP (XRP) at 1.97%, Dogecoin (DOGE) at 2.06%, and Shiba Inu (SHIB) at 1.72%. Most top altcoins are currently trading with a premium in the 1.7% to 2.0% range.

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IT Times YoungHa Kim (yhkim@ittimes.com)

IT Times YoungHa Kim (yhkim@ittimes.com)