Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates

Quick Summary:

The South Korean won hit the lowest level against the dollar since March 2009.

This is not just a Korean story; it’s a warning for democracies worldwide".

The won slumped a 15-year low against the dollar.

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Article Details

Author / Journalist: James Van Straten

Category: Crypto

Markets: United StatesCubaSouth Korea

Topics: Kimchi premium Markets Bitcoin CryptoQuant

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 12:22:26 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 170 words

Reading Time: 1 minutes read

Sentences: 18 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24694302

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Official Website: coindesk.com

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

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