The Kimchi premium has seen a definite rebound after Christmas, recovering to 3.83% on Dec. 27. While this is still significantly lower than the 5.26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South Korea and global markets. The current rebound comes amidst political and economic turmoil in South […]
Kimchi premium recovers as KRWUSD drops to 15-year low α ▸ South Korea ▸ Bitcoin ▸ Alpha
Kimchi premium recovers as KRWUSD drops to 15-year low
As the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap.
3 min read
Updated: Dec. 27, 2024 at 11:44 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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