Bitcoin Kimchi Premium Hits 1.98% on South Korean Exchanges, Highest Since Late February

BTC-0.68%

According to Cryptopolitan, Bitcoin's kimchi premium on South Korean exchanges reached 1.98% recently, marking the highest level since late February, as measured by CryptoQuant's premium index. The metric reflects the price difference between Bitcoin traded on South Korean exchanges and the global volume-weighted average price.

The current premium has since retreated to 0.77%, reflecting the recent recovery in South Korean buyer demand following earlier weakness.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments