The South Korean cryptocurrency market saw a slight decrease in the Kimchi Premium on August 15th. According to data tracking Bitcoin’s price on domestic exchange Upbit, its trading value dropped by 2.05% from the previous day, reaching 164.60 million KRW. While this reflects a significant price gap of -560,000 KRW and a Kimchi Premium of -0.34%, Binance shows a slightly different picture with Bitcoin priced at 165.16 million KRW. The market for Ethereum (ETH) also experienced a slight decline, recording a negative Kimchi Premium of -0.33%. Other popular altcoins have followed suit, indicating overall discount compared to global prices, with Solana (-0.35%), Ripple (-0.28%), Dogecoin (-0.49%), and Shiba Inu (-0.67%) all exhibiting similar trends of negative premiums ranging from -0.2% to -0.6%.