The Bitcoin premium rate in South Korea has risen to about 2%, which traders see as a bullish signal

2025-04-20 12:44:24

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ChainCatcher news, according to Bitcoin.com, during the recent market turbulence caused by Trump's tariff policy, Bitcoin briefly experienced a negative premium of up to 1.19% on South Korean trading platforms, but has recently returned to normal premium trading, peaking at 2.97% on April 15. As of yesterday, the Upbit price of Bitcoin in Korean won was 1.65% higher than the global market average, while Bithumb was 1.73% higher than the global average.

In South Korea, due to the limited domestic investment options with high returns, Koreans often tend to invest in cryptocurrencies like Bitcoin. The premium indicates strong demand from South Korean traders and high confidence in the crypto market. The South Korean Bitcoin premium suggests a supply crunch on local trading platforms, often signaling a broader price rebound, and many traders view the South Korean premium as an early signal of Bitcoin's return to an upward trend.

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