- According to CryptoQuant, Bitcoin is trading at its biggest discount on Korean exchanges since October 2023.
- The Bitcoin Premium Index in Korea has fallen to -0.55, indicating a decline in interest in BTC.
- Traders have switched to high-bet altcoins such as UXLINK, CKB, ARK, and PENDLE.
- Analysts predict further cuts in US interest rates, fueling interest in altcoins.