Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm

Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including Upbit, Bithumb, Korbit, and Coinone. South Korea’s ‘Kimchi Premium’ Returns Amid 2023’s End-of-Year