Odaily News The latest data from Cryptoquant shows that despite the decline in Bitcoin prices, the premium in South Korea has decreased, but it is still about $1,800 to $2,000 higher than the global weighted average price of Bitcoin. In March, the premium of Bitcoin in South Korea was close to 12%, but as of May 11, it had fallen to 2.79%. In addition, Cryptocompare data shows that the Korean won is still the second largest fiat currency in Bitcoin trading volume, accounting for 2.07% of the total Bitcoin spot trading volume, second only to the US dollar. (Bitcoin.com)