Bitcoin Sees 1.08% Kimchi Premium in South Korea’s Market on September 7

On September 7th, Bitcoin recorded a Kimchi Premium of 1.08% in the Korean market as per data from South Korea’s Upbit exchange at 12:00 AM KST. Bitcoin (BTC) traded at 155.3 million KRW on Upbit, up 0.24% compared to the previous day. Meanwhile, on global exchange Binance, BTC stood at 153.64 million KRW, resulting in a price gap of 1.66 million KRW and a corresponding Kimchi Premium of 1.08%. Ethereum (ETH) recorded a 1.11% Kimchi Premium. Other prominent altcoins also exhibited premiums in the range of 1.0–1.2%, including Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB).