As of 12:00 AM KST on November 22, Bitcoin (BTC) was trading at 128.16 million KRW on South Korea’s Upbit exchange, down 1.34% from the previous day. On global exchange Binance, BTC was priced at 125.34 million KRW, reflecting a price gap of 2.82 million KRW and a kimchi premium of 2.25%.
Altcoin Premiums Mirror Bitcoin's Trend
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 2.16%. Other major altcoins also showed similar premiums: Solana (SOL) at 2.29%, XRP (XRP) at 2.13%, Dogecoin (DOGE) at 2.57%, and Shiba Inu (SHIB) at 3.03%. Most top altcoins are currently trading with a premium in the 2.1% to 3.0% range.