Bitcoin Experiences 2.46% Premium in Korean Market on November 9th

On November 9th, Bitcoin’s price saw a notable increase in South Korea’s Upbit exchange, reaching 151.91 million KRW. This translates to a slight dip of 1.26% compared to the previous day. Meanwhile, on global exchange Binance, the BTC price stood at 148.26 million KRW, indicating a price gap of 3.65 million KRW and a kimchi premium of 2.46%. The altcoin Ethereum also displayed a 2.49% kimchi premium. Other major cryptocurrencies followed suit with notable premiums: Solana (SOL) at 2.50%, XRP (XRP) at 2.56%, Dogecoin (DOGE) at 2.35%, and Shiba Inu (SHIB) at 2.78%. Most of these top altcoins currently operate within a premium range of 2.3% to 2.7%.