In a trading session that saw Bitcoin and major altcoins exhibit significant premiums, South Korea’s markets offered an intriguing glimpse into cryptocurrency sentiment. As of 12:00 AM KST on May 20th, Bitcoin (BTC) traded at 147.92 million KRW on Upbit, experiencing a slight 1.68% decline from the previous day. Meanwhile, it was priced at 144.89 million KRW on Binance, marking a price gap of 3.03 million KRW and a Kimchi Premium of 2.09%. Ethereum (ETH), leading the altcoin pack, also saw a Kimchi Premium of 2.08%. Other major altcoins like Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) recorded comparable premiums ranging from around 2.0% to 2.1%. The majority of these top altcoins currently hold premiums within the 2.0% to 2.1% range.