Bitcoin Trades at 1.24% Kimchi Premium in South Korea on May 28

On May 28th, Bitcoin trading on the Upbit exchange reached 151.91 million KRW, a change of -0.19% from the previous day. The price difference between this and its equivalent on global exchange Binance (150.05 million KRW) resulted in a Kimchi Premium of 1.24%. Ethereum, the leading altcoin, exhibited a Kimchi Premium of 1.08%, with other major altcoins also showing notable premiums. Solana (SOL), XRP (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB) all displayed premiums ranging from 1.0% to 1.1%, highlighting the continued prevalence of a