On August 13th, Bitcoin’s Kimchi Premium reached a negative 0.82%. On South Korea’s leading cryptocurrency exchange Upbit, the price of Bitcoin (BTC) stood at 164.32 million KRW, showing a slight 0.07% increase from the previous day. Meanwhile, on Binance, BTC traded at 165.67 million KRW, resulting in a price gap of -1.35 million KRW and a Kimchi Premium of -0.82%. Ethereum (ETH), currently the leading altcoin, has a negative Kimchi Premium of -0.73%, Other major altcoins are trading at discounts compared to global prices: Solana (SOL) at -0.67%, Ripple (XRP) at -0.84%, Dogecoin (DOGE) at -0.93%, and Shiba Inu (SHIB) at -0.83%. Most top altcoins are exhibiting negative Kimchi Premiums in the -0.6% to -0.9% range.