Bitcoin Sees 1.75% Premium in Korean Market on November 11th

On November 11th, Bitcoin traded at 155.23 million KRW on Upbit, a South Korea-based exchange. This price was down by 0.17% from the previous day. On Binance, BTC’s price stood at 152.56 million KRW, demonstrating a price gap of 2.67 million KRW and an approximate kimchi premium of 1.75%. Meanwhile, Ethereum (ETH) enjoyed a kimchi premium of 1.80% with other leading altcoins such as Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) showing similar premiums ranging from 1.48% to 1.87%. Most top altcoins currently show a positive price gap, averaging between 1.4% and 1.8% in terms of kimchi premium.