As of 12:00 AM KST on November 23, Bitcoin (BTC) was trading at 127.03 million KRW on South Korea’s Upbit exchange, down 0.79% from the previous day. On global exchange Binance, BTC was priced at 124.13 million KRW, reflecting a price gap of 2.9 million KRW and a kimchi premium of 2.33%.
Altcoin Premiums
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 2.23%. Other major altcoins also showed similar premiums: Solana (SOL) at 2.32%, XRP (XRP) at 2.23%, Dogecoin (DOGE) at 1.86%, and Shiba Inu (SHIB) at 2.63%. Most top altcoins are currently trading with premiums in the 1.8% to 2.6% range.