Bitcoin’s ‘Kimchi Premium’ Shrinks Amidst South Korea’s Fading Crypto Fervor

The Kimchi Premium, often regarded as a gauge of South Korea’s interest in cryptocurrencies, has been consistently decreasing, hitting 1.54% on a recent Friday afternoon in Asia. This metric reflects the variance in Bitcoin prices between South Korea and other global markets and has experienced a notable decline since mid-April, signaling a notable change in […] source: https://coinedition.com/bitcoins-kimchi-premium-shrinks-amidst-south-koreas-fading-crypto-fervor/