Korea is paying up for bitcoin. On Oct-08 Upbit priced BTC +275.4 bp over Binance for the same coin. That's the widest gap since Feb-18 and about seven times its 30-day average.
It has widened four days running while BTC slid. Either it keeps widening and the Korean demand is real, or it snaps back and this was one hot week. The next few closes decide.
Daily since 2023 on askthetape.
It has widened four days running while BTC slid. Either it keeps widening and the Korean demand is real, or it snaps back and this was one hot week. The next few closes decide.
Daily since 2023 on askthetape.