As of 12:00 AM KST on November 17, Bitcoin (BTC) was trading at 143.43 million KRW on South Korea’s Upbit exchange, down 0.58% from the previous day. On global exchange Binance, BTC was priced at 138.36 million KRW, reflecting a price gap of 5.07 million KRW and a kimchi premium of 3.66%.
Altcoin Premiums Mirror Bitcoin's Trend
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 3.68%. Other major altcoins also showed similar premiums, with Solana (SOL) at 3.74%, XRP (XRP) at 3.74%, Dogecoin (DOGE) at 3.38%, and Shiba Inu (SHIB) at 3.21%. Most top altcoins are currently trading with a premium in the 3.2% to 3.7% range.