Bitcoin Sees 2.06% Premium in Korean Market on December 1

On December 1st, Bitcoin enjoyed a notable price increase in South Korea’s market, exhibiting a 2.06% kimchi premium. Trading at 136.91 million KRW on Upbit exchange as of 12:00 AM KST, the asset saw a 0.61% gain compared to the previous day. Bitcoin’s price stood out against global markets, with its value on Binance registering at 134.15 million KRW, revealing a price gap of 2.76 million KRW and a kimchi premium of 2.06%. The article further details similar premium trends across major altcoins like Ethereum (ETH), Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Sui (SUI) showing premiums in the 2% to 2.1% range.