South Korea's bitcoin premium has climbed above 8.27%, with local exchanges listing BTC at significantly higher prices than the global average. As of October 17, 2025, bitcoin was priced at $116,949 in South Korea, compared to a global average of $108,076. This premium has persisted for 62 days, driven by strong local demand and limited arbitrage opportunities. On November 17, 2025, bitcoin traded at $96,223 on Upbit and $96,121 on Bithumb, while the global spot price was $93,810.