Bitcoin Prices on South Korean Exchanges Are Lower Than the Global Average This Weekend

Bitcoin Prices in South Korea Show Small Discount Compared to Global Market

Bitcoin (BTC) prices in South Korea are currently slightly lower than the global average. As of the latest data, CoinMarketCap shows BTC at $115,514, while Korean exchange Upbit lists it at $115,133 — about 0.33% cheaper.

This discount has narrowed compared to Saturday, when it was around 0.57%. Interestingly, just over a week ago, on September 6, BTC in Korea was trading at a premium of more than 1%. A few days earlier, on September 3, the situation flipped, showing a 0.65% discount instead.

The shifts have been fast and unpredictable. For example, on August 22, the Korean discount hit 1.58%, but just three days later, BTC traded at a 2.02% premium. Recently, the gaps have been smaller but still noticeable.

Earlier this year, from December 2024 to July 2025, South Korea often saw BTC trading at a steady premium, even reaching over 8% in February 2025.

Meanwhile, in the U.S., Coinbase’s Premium Index shows only a tiny 0.04% premium compared to Binance. A premium in Korea usually signals strong local demand, while a premium on Coinbase suggests higher interest from American investors.

At the moment, BTC is trading just under $116,000, about 4% higher than last week. By Sunday evening, BTC was priced at $115,923 globally and $115,596 on Upbit.

These constant shifts between premiums and discounts highlight how demand and liquidity can quickly change from one country to another. For traders, this creates opportunities but also uncertainty.

Right now, Bitcoin is moving sideways, with no clear trend. The next big move will depend on whether buyers (bulls) or sellers (bears) take control. In South Korea, the frequent changes in premium and discount often signal market sentiment ahead of the global trend.