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Home Cryptocurrency

What is ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin

April 5, 2021
in Cryptocurrency
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What is ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin
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What is ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin

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What is ‘Kimchi Premium’ and why is it a ‘top’ indicator for Bitcoin

Bitcoin is trading at nearly $66,000 in South Korea.

This is not a typo nor a faulty API giving false data either, but a notorious market anomaly from 2017-18 that marked the ‘top’ of the crypto market at the time.

To read the rest of this article, sign in or join CryptoSlate Edge.

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