As of 12:00 AM KST on December 8, Bitcoin (BTC) was trading at 132.07 million KRW on South Korea’s Upbit exchange, down 1.14% from the previous day. On global exchange Binance, BTC was priced at 129.96 million KRW, reflecting a price gap of 2.11 million KRW and a kimchi premium of 1.62%.
Altcoin Premiums Mirror Bitcoin's Trend
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 1.61%. Other major altcoins also posted similar premiums: Solana (SOL) at 1.70%, XRP (XRP) at 1.74%, Dogecoin (DOGE) at 1.99%, and Sui (SUI) at 1.67%. Most top altcoins are currently trading with premiums in the 1.6% to 1.9% range.