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South Korea’s bitcoin ‘kimchi premium’ hits two-year high

By Inquirer - 9 months ago
SEOUL — South Korea’s so-called “kimchi premium” on bitcoin prices hit a two-year high this week, a cryptocurrency data firm said, as the virtual token broke records globally. Bitcoin hit a peak above $69,000 Tuesday, beating its previous high achieved in November 2021, buoyed by growing trading accessibility of the world’s biggest cryptocurrency, even as

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