On September 23, South Korea's Bitcoin experienced a reverse kimchi premium of-0.75%
As of 12 a.m. on September 23 (Korean Standard Time), the trading price of Bitcoin (BTC) on the South Korea Upbit Exchange was 116.31 million won, down 0.69% from the previous day. On global exchange Binance, the price of BTC is 117.19 million won, the price gap is 880,000 won, and the reverse kimchi premium is-0.75%.
As the leading altcoin, Ethereum (ETH) also recorded a reverse kimchi premium of-0.78%. Other major altcoins also trade at discounts below global prices, with Solana (SOL) at-0.79%, XRP at-0.81%, Dogecoin (DOGE) at-0.75% and Sui (SUI) at-0.73%. Currently, the reverse kimchi premium for most major altcoins is concentrated in the range of-0.7% to-0.8%.
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