Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
The “kimchi premiumâ€� has returned. Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging in that country. However, analysts and traders warn that certain market players could take advantage of arbitrage opportunities, resulting in short-term price volatility. The “kimchi premium,â€� named for a popular […]
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