Bitcoin’s Surge Leaves South Korea Behind: Kimchi Premium Fades

Despite Bitcoin’s surge past $70,000, interest among South Korean retail investors remained tepid. The kimchi premium, which measures the difference between Bitcoin’s price in South Korea and global exchanges, is low. While Bitcoin rallies globally, the Korea Premium Index has turned negative. The kimchi premium has changed in recent months, reaching a high of around The post Bitcoin’s Surge Leaves South Korea Behind: Kimchi Premium Fades appeared first on Coin Edition .

Source: Coin Edition