Bitcoin’s global price stands at approximately 97,000 USD, whereas in South Korea, it reaches 101,479 USD, creating a premium of 4.31%. This discrepancy highlights the local market dynamics driven by stringent capital regulations.
The premium has surged recently, peaking at 8.32% amidst high local demand for Bitcoin. While U.S. Markets show low activity, South Korea continues to exhibit a robust cryptocurrency market driven by its unique economic conditions.