https://fullycrypto.com/did-kimchi-premium-drop-cause-bitcoin-dip?utm_source=rss&utm_medium=rss&utm_campaign=did-kimchi-premium-drop-cause-bitcoin-dip
Reading Time: 2 minutes Bitcoin’s drop yesterday has been attributed in part to a huge drop in the kimchi premium The premium fell 13% in a matter of hours, suggesting someone may have finally been able to arbitrage it A temporary halt in Bitcoin deposits and withdrawals may have also been behind the drop The kimchi premium was said to have been instrumental in a fall in the Bitcoin price yesterday, with suggestions that someone may have found a way to arbitrage the premium. There is an alternative explanation however which lays the blame at the foot of South Korean exchange Upbit who temporarily
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Did Kimchi Premium Drop Cause Bitcoin Dip?
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