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South Korea's Bitcoin "Kimchi premium" soared to 9.7%this morning, a 10 -month high

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Reprinted from panewslab

02/03/2025·1M

Panews February 3rd news, according to The Block report, affected by the concerns of Trump's tariff war, Cryptoquant data shows that the "kimchi premium" in South Korea has soared to 9.7%at 2 am on February 3rd at 2 am, which created it. The 10 -month high since the month.

Presto Research analyst MIN Jung said that kimchi premiums usually rise during the bull market, but may also increase during panic selling. This is caused by the sales pressure of South Korean exchanges lower than the global market. Historically, kimchi premiums are usually maintained at about 5%.

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