Bitcoin's Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume. On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher.
In a Worldwide Bitcoin Frenzy, South Korea and 30+ Countries See Unprecedented Price Milestones
In addition to the U.S. and the recently sanctioned spot bitcoin exchange-traded funds (ETFs), South Korea’s bitcoin trading activity has played a pivotal role in the 2024 bitcoin uptrend. Whenever bitcoin undergoes a bullish trend, its worth in the South Korean won invariably exceeds, exhibiting what is known as the ‘Kimchi premium.’ In the ongoing bitcoin rally, this famed Kimchi premium is quite evident, showcasing a considerable premium on Feb. 28 for bitcoin over the standard and weighted global exchange rate in U.S. dollars.
As of 11:30 a.m., the standard and weighted global exchange rate for bitcoin stood at $61,213, while on Upbit, bitcoin is trading at $63,463 per unit, marking a $2,251 increase. Bithumb, Korbit, Coinone all reflect a notable premium for bitcoin in terms of the U.S. dollar equivalent of the Korean won used to purchase the cryptocurrency. Upbit and Bithumb have emerged as significant hubs of trading volume.
