On December 3rd, Bitcoin (BTC) witnessed a notable surge on South Korea’s Upbit exchange, reaching an all-time high of 133.73 million KRW. This represented a 3.52% increase from the previous day and resulted in a 1.91% kimchi premium, highlighting Korea’s unique cryptocurrency market dynamic. Meanwhile, Bitcoin prices on global exchange Binance stood at 131.22 million KRW, showcasing a price gap of 2.51 million KRW and a kimchi premium of 1.91%. Ethereum (ETH), the dominant altcoin, also displayed a 1.98% kimchi premium. Other prominent altcoins like Solana (SOL), XRP (XRP), Dogecoin (DOGE), and World Liberty Financial (WLFI) exhibited similar premiums, largely ranging between 1.9% to 2.0%.