According to Bloomberg, the Bitcoin 'Kimchi premium' on South Korean exchanges has returned, currently at around 1%. The premium refers to the price difference between Bitcoin on Korean exchanges and global markets, reflecting local supply-demand dynamics and capital flows.
Bloomberg says the Bitcoin “Kimchi premium” is back on South Korean exchanges, sitting at roughly 1% right now.
The Kimchi premium is the gap between Bitcoin prices on Korean exchanges and those in global markets. Simple idea. It shows local supply and demand in action, along with the movement of capital.
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