Kimchi Premium Records 0% The Kimchi premium, which measures the difference between the price of Bitcoin (BTC) in South Korea and the rest of the world, has fallen to 0%. This means that there is no longer a premium for buying BTC in South Korea, which is typically seen as a sign of a bearish market. The Kimchi premium has been declining in recent months as the price of BTC has fallen. In early 2021, the premium was as high as 15%. However, it has since fallen to 0% as the price of BTC has stabilized. The decline in the Kimchi premium suggests that the South Korean market is becoming more integrated with the global market. This is a positive development as it will make it easier for South Korean investors to trade BTC and other cryptocurrencies.

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