Bitcoin Seeks New Highs on December 5th: 0.94% Premium in Korean Market

On December 5th, Bitcoin traded at around KRW 136.74 million on South Korea’s Upbit exchange, marking a dip of 1.53% compared to the previous day. While this price was down, it remained above the global average on platforms like Binance, with a kimchi premium of 0.94%. Across all major cryptocurrencies on the Korean exchanges, an overall premium in the 0.9% to 1.2% range is being observed. This suggests continued interest from local investors and traders.