On August 24, Bitcoin experienced a reverse kimchi premium of-1.28% in the Korean market.
As of 00:00 on August 24, South Korea time, the trading price of Bitcoin on the Upbit Exchange in South Korea was 105.9 million won, up 0.29% from the previous trading day. On global exchanges, the price of Bitcoin is about 107.27 million won, with a negative price difference of 1.37 million won between the two, and the premium for reverse kimchi is-1.28%.
Mainstream altcoin Ethereum recorded a reverse kimchi premium of-1.24%. Other major altcoins are also generally lower than global prices, including Solana at-1.36%, XRP at-1.33%, Dogecoin at-1.45%, and Sui at-1.29%. Currently, the reverse kimchi premium for most major altcoins remains within the range of-1.2% to-1.4%.

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