Bitcoin Premium Reaches 3.87% in Korean Market on November 4

On November 4th, Bitcoin saw a notable premium of 3.87% in the South Korean market as prices dropped by 2.20% from the previous day, with trading reaching 160.51 million KRW on Upbit. This price difference of 5.98 million KRW reflects a Kimchi Premium. Bitcoin’s performance is mirrored by altcoins like Ethereum (ETH), which displayed a 3.97% premium. Other prominent cryptocurrencies such as Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) also showed similar trends, with their premiums ranging between 3.8% and 4.0%.