South Korea’s ‘bitcoin Kimchi’ Premium Index Rises By 9.7%

2025-02-03 05:09:48

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South Korea’s bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip.

On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024. According to CryptoQuant data, the premium is down to 8.2% at press time.

The “kimchi premium” refers to a price gap between the South Korean exchanges and foreign markets. It may indicate a stronger buying pressure among Korean r

S-4.13%

BTC-0.56%

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GateUser-1ca19497

· 02-23 11:37

Bull Run 🐂

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GateUser-1ca19497

· 02-23 11:37

1000x Vibes 🤑

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