Kimchi premium collapses: Short-term top signal or a reset for Bitcoin?
The so-called Kimchi premium, which measures the premium of the Bitcoin (BTC) price in South Korea’s cryptocurrency exchange market, has plummeted. The premium declined from 22% to 15% within a matter of hours on April 7, and it is continuing to drop across major South Korean exchanges. BTC Korea premium index. Source: CryptoQuant A big […]