TechFlow news, on February 3, according to The Block, driven by concerns over Trump's tariff war, South Korea's Bitcoin "kimchi premium" surged to 9.7% at 2 a.m. on February 3, marking a 10-month high since April 2024.
Min Jung, analyst at Presto Research, said the kimchi premium typically rises during bull markets but can also spike during panic selling, due to lower sell-off pressure on Korean exchanges compared to global markets. At the time of writing, the kimchi premium had retreated to 8.24%, while the historical average is around 5%.




