On July 10, Bitcoin experienced a reverse kimchi premium of-0.69% in the Korean market.
As of 12 a.m. Korean Standard Time on July 10, the transaction price of Bitcoin (BTC) on the Upbit Exchange in South Korea was 94.23 million won, up 1.42% from the previous day. On global exchanges, the price of Bitcoin is 94.88 million won, there is a negative price difference of 650,000 won between the two, and the reverse kimchi premium is-0.69%.
The mainstream altcoin Ethereum (ETH) also recorded a reverse kimchi premium of-0.66%. Other major altcoins also trade at prices below global prices, with Solana (SOL) at-0.69%, XRP (XRP) at-0.64%, DOGE (DOGE) at-0.40% and Sui (SUI) at-0.74%. Currently, the reverse premium rates of most mainstream altcoins are concentrated in the range of-0.4% to-0.7%.

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