South Korea Bitcoin reverse kimchi premium-2.05%
On July 31, Bitcoin recorded a reverse kimchi premium of-2.05% in South Korea. As of 0:00 a.m. Korean Standard Time on July 31, the trading price of Bitcoin on the Upbit Exchange in South Korea was 91.79 million won, up 0.39% from the previous day. On global exchanges, the price of Bitcoin is 93.71 million won, reflecting a negative spread of 1.92 million won, and a reverse kimchi premium of-2.05%.
Mainstream altcoin Ethereum recorded a reverse kimchi premium of-2.10%. Other major altcoins are also traded at prices below global prices, with Solana at-2.06%, XRP at-2.12%, Dogecoin at-1.19% and Sui at-2.12%. The reverse kimchi premium for most major altcoins currently ranges from-1.1% to-2.1%.
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