South Korea's Bitcoin Premium Persists Amid Market Volatility.

Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium.
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*Starting on Oct. 30, 2023 and for 297 days, BTC has witnessed a premium in South Korea. The premium jumped more than 10% in mid-March 2024. The first dip since then occured on Aug. 22, 2024, dipping 0.36%.*