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Bitcoin saw a negative kimchi premium of-0.14% in the Korean market on July 18

2026-07-18 00:51:24

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On July 18, Bitcoin experienced a reverse kimchi premium of-0.14% in the Korean market.

As of 0:00 a.m. Korean Standard Time on July 18, the trading price of Bitcoin (BTC) on the South Korean Upbit Exchange was 93.3 million won, down 0.69% from the previous trading day. On global exchanges, the price of BTC is 93.43 million won, reflecting a negative spread of 130,000 won, and the reverse kimchi premium is-0.14%.

Mainstream altcoin Ethereum (ETH) recorded a reverse kimchi premium of-0.24%. Trading prices of other major altcoins are close to global prices, with Solana (SOL) at-0.22%, XRP (XRP) at-0.12%, Dogecoin (DOGE) at 0.64%(positive kimchi premium), and Sui (SUI) at-0.08%. Currently, the premiums for most mainstream altcoins range from-0.2% to +0.6%, indicating that the price difference between the Korean market and the global market has narrowed significantly.

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