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South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average

While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean exchanges in comparison to foreign exchanges. Bitcoin, Ethereum, and Bitcoin Cash See Premiums in South Korea Bitcoin prices on domestic South Korean crypto trading platforms are much higher than they are across a majority of exchanges worldwide. For instance, on Tuesday morning (EST) the price per bitcoin (BTC) has been coasting along…

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Ethereum Sets a New All-Time High Above the $2K Handle, Bitcoin Cash Markets Jump 8%

The price of ethereum tapped a new all-time high (ATH) on Friday afternoon reaching an ATH of around $2,072 around 12 p.m. (EST). Today, ethereum’s market capitalization captures 12.3% of the crypto economy’s overall $1.9 trillion market valuation. Meanwhile, as ether prices jumped over 6%, the crypto asset bitcoin cash has spiked over 8% nearing $600 per unit during the afternoon trading sessions. Ethereum Markets Shine While bitcoin (BTC) prices have been sitting just under the $60k per unit zone, a number of crypto assets are seeing strong gains. Yesterday it was dogecoin (DOGE) and filecoin (FIL) ramping up the…

Continue Reading Ethereum Sets a New All-Time High Above the $2K Handle, Bitcoin Cash Markets Jump 8%

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