On August 17th, the Bitcoin market experienced a negative Kimchi Premium of 0.18%. According to data from Upbit and Binance, Bitcoin’s price on both platforms was slightly down compared to the previous day. On Upbit, BTC traded at 163.28 million KRW, reflecting a 0.52% decrease, while on Binance, it stood at 163.57 million KRW. This resulted in a price gap of -290,000 KRW and a negative Kimchi Premium of -0.18%. Ethereum (ETH), the dominant altcoin, showed a negative Kimchi Premium of -0.23%. Other prominent altcoins are also trading at discounts compared to global prices: Solana (SOL) at -0.22%, Ripple (XRP) at -0.13%, Dogecoin (DOGE) at -0.27%, and Shiba Inu (SHIB) at -0.71%. Most altcoins reflect a negative Kimchi Premium in the range of -0.1% to -0.7%.