The Bitcoin market saw a notable surge in South Korea, with the cryptocurrency reaching a new record high on October 21st. As of 12:00 AM KST, it traded at approximately 166.59 million KRW on Upbit, showing an increase of 1.08% from the previous day. Meanwhile, on Binance, BTC was priced at 157.98 million KRW, resulting in a price gap of 8.61 million KRW and a Kimchi Premium of 5.45%. Other altcoins also displayed similar premiums, with Ethereum (ETH) showing a Kimchi Premium of 5.48%, followed by Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) with premiums ranging from 5.56% to 5.97%. The majority of top altcoins currently trade with a premium within the range of 5.4%-5.9%.