According to Coinness market monitoring, the so-called 'reverse premium' phenomenon, where the domestic Bitcoin (BTC) price in won trades lower than the global dollar-denominated price (based on Binance), is deepening.

According to data compiled by the market comparison platform Kimpga (KIMPGA), the BTC price in won recorded approximately 104,220,000 won this morning. This is about -3.575% lower than the global price of 108,060,425 won based on the won/dollar exchange rate.

Previously, Coinness reported on the 1st that the Bitcoin Kimchi premium recorded -2.7%, hitting a new low since March 2022.