Bitcoin Records 2.59% Kimchi Premium in Korean Market on November 28

On November 28th, Bitcoin trading on South Korea’s Upbit exchange saw a significant price increase of 0.63%, reaching KRW 136.21 million as of 12:00 AM KST. This translated to a 2.59% kimchi premium compared to its global counterpart on Binance, where the price stood at KRW 132.77 million. The significant gap between these prices reflects the presence of a prominent crypto market trend in South Korea.