Bitcoin Shows Slight Kimchi Premium in Korean Market on August 28

On August 28th, Bitcoin’s price saw a slight premium in the Korean market, reaching 156.40 million KRW on Upbit exchange, down 0.17% from the previous day. This translates to a Kimchi Premium of 0.20%. Meanwhile, on global exchange Binance, Bitcoin was priced at 156.09 million KRW, revealing a price gap of 310,000 KRW and a smaller Kimchi premium of 0.20%. Altcoins like Ethereum (ETH) and Solana (SOL) are also exhibiting premiums in the 0.1% to 0.4% range.