Bitcoin’s Kimchi Premium: A Quiet Uptick on August 24

South Korean Bitcoin traders saw a slight increase in the ‘Kimchi Premium’ – signifying a price gap between global markets and local South Korea – with the currency trading at an average of 0.25% on August 24th, according to data from Upbit. Despite this modest change, it’s important to note that Bitcoin prices saw a slight dip, losing 1.29% compared to the previous day as traded on South Korean exchanges.