📈 South Koreans are paying a 3% premium for Bitcoin compared to U.S. buyers, as the won hits a 15-year low against the dollar. On Upbit, South Korea's largest crypto exchange, Bitcoin is priced at 145,000,000 won ($98,600), while it's around $96,700 on Coinbase.
- The premium reflects a rush to protect assets amid political turmoil.
- South Korea's parliament recently impeached both the prime minister and president, sparking concerns over election integrity.
- Jeff Park from Bitwise warns this scenario highlights democracy's vulnerability to disinformation.
What do you think about the impact of political instability on crypto markets? Share your thoughts below! 💬