The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. BTC/USD shot up over $1300 last week to hit a local high of $5330. After a slight reversal,Read MoreThe post Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout appeared first on Bitcoinist.com.
