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Bitcoin shows 1.25% kimchi premium in Korean market on December 17. 
As of 12:00 AM KST on December 17, Bitcoin (BTC) was trading at 129.70 million KRW on South Korea’s Upbit exchange, up 0.44% from the previous day. On global exchange Binance, BTC was priced at 128.10 million KRW, resulting in a price gap of 1.60 million KRW and a kimchi premium of 1.25%.
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 1.16%. Other major altcoins also showed similar premiums, with Solana (SOL) at 1.24%, XRP (XRP) at 1.13%, Dogecoin (DOGE) at 1.19%, and Sui (SUI) at 1.11%. Most major altcoins are currently trading at a premium in the 1.1% to 1.2% range.
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IT Times&nbsp;Kunyoung Kim (kykim@ittimes.com)

Bitcoin Shows 1.25% Kimchi Premium in Korean Market on December 17

IT Times

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