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

robot
Abstract generation in progress

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

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Share
Comment
0/400
GateUser-1ca19497vip
· 02-23 11:37
Bull Run 🐂
Reply0
GateUser-1ca19497vip
· 02-23 11:37
1000x Vibes 🤑
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)