On Monday, Bitcoin fluctuated between $92,051 and $95,903, dropping to levels not seen since May of this year. While traders watched the decline, the South Korean cryptocurrency market maintained a high premium, which has hovered at 8,27% since mid-September.
BTC in South Korea is currently $2413 higher than the global average, and the gap shows no signs of narrowing.
At 12:20 PM ET, the spot price of Bitcoin (BTC) reached $93,810, but Upbit The exchange rate was $96,223 per coin. On Bithumb, it was $96,121.
Data from Cryptoquant.com shows that the South Korean premium for Bitcoin has been held since September 16, 2025. By the 25th, the premium on BTC in the country was 3,27% higher than the weighted average. On October 17, 2025, the price exceeded the world rate by 8,27%.
Cryptoquant data shows that the price of Bitcoin in South Korea has been consistently higher for 62 consecutive days.
Bitcoin’s popularity in South Korea is also reflected in the fact that, besides the US dollar, the South Korean won is the second-largest fiat currency pair compared to BTC.
This suggests that local demand for decentralized cryptocurrency is not waning, and retail investors appreciate its fundamental advantages.