O makes a comeback, South Korean Bitcoin trades above global price

Back! Koreans are investing in Bitcoin. Who feels FOMO? Let's see where this goes!

韩国交易所的比特币价格一直高于全球平均水平，这表明韩国人对这种加密货币的需求很高。

Bitcoin prices on Korean exchanges have been higher than the global average, indicating high demand for the cryptocurrency among South Koreans.

10 月中旬，韩国交易所的 BTC 价格一直低于全球平均水平，直到 10 月 20 日，才出现了反向“泡菜溢价”。随着比特币需求激增，韩国加密货币市场最近出现的 FOMO 现象推高了比特币价格。

In mid-October, the BTC price on Korean exchanges had been lower than the global average, and it was not until October 20 that a reverse "kimchi premium" occurred. The recent FOMO phenomenon in the South Korean cryptocurrency market has pushed up Bitcoin prices as demand for Bitcoin surges.

Coingecko 的数据进一步显示，BTC/KRW 目前是 Upbit 上交易量最大的货币对，24 小时交易量为 2.256 亿美元。

Data from Coingecko further shows that BTC/KRW is currently the most traded currency pair on Upbit, with a 24-hour trading volume of $225.6 million.

FOMO 卷土重来，韩国 Bitcoin 交易价格高于全球价格

FOMO is back with a vengeance as South Korean Bitcoin trades above global prices

看起来泡菜高级版又回来了！韩国人正涌向比特币。谁感受到了 FOMO？让我们看看接下来会发生什么！

Looks like Kimchi Premium is back! South Koreans are flocking to Bitcoin. Who feels FOMO? Let's see what happens next!

— 瓦斯 (@Va77ss) 2024 年 11 月 4 日

— Vaas (@Va77ss) November 4, 2024

CoinMarketCap 关于 Upbit 和美国 CEX 的数据证实，由于担心错过机会 (FOMO) 的蔓延，韩国 BTC 投资者对 BTC 的需求有所增加。近期，随着主要央行降息，比特币需求增加，导致比特币投资增加。

CoinMarketCap data on Upbit and US CEX confirms that demand for BTC has increased among South Korean BTC investors due to the spread of fear of missing out (FOMO). Recently, as major central banks have cut interest rates, demand for Bitcoin has increased, leading to increased investment in Bitcoin.

CryptoQuant 韩国溢价指数数据显示，自 10 月 21 日以来，比特币溢价一直在 0.60% 至 2.21% 之间波动。数据显示，10 月 24 日溢价升至 2% 以上，10 月 31 日万圣节跌至 1.93%，截至 11 月 3 日进一步升至 1.1%。

CryptoQuant Korea Premium Index data shows that Bitcoin premium has been fluctuating between 0.60% and 2.21% since October 21. Data show that the premium rose to more than 2% on October 24, fell to 1.93% on Halloween on October 31, and further increased to 1.1% as of November 3.

CryptoQuant 的数据显示，由于针对稳定币和机构投资者的监管，溢价上涨表明韩国散户投资者面临比特币购买压力。韩国投资者愿意支付溢价购买比特币，表明韩国人拥有强大的购买力，市场上的 FOMO 现象日益加剧。

Data from CryptoQuant shows that rising premiums indicate that retail investors in South Korea are facing pressure to buy Bitcoin due to regulations targeting stablecoins and institutional investors. Korean investors are willing to pay a premium to purchase Bitcoin, indicating that Koreans have strong purchasing power and the FOMO phenomenon in the market is increasing day by day.

最近韩国加密货币市场的 BTC 上涨是由于美国大选后监管前景乐观以及美联储预计 11 月份将降息。随着美国大选临近，比特币交易有所回升，因为两位候选人都试图与加密货币社区互动。

The recent BTC rally in the South Korean cryptocurrency market has been driven by an optimistic regulatory outlook following the U.S. election and expectations that the Federal Reserve will cut interest rates in November. Bitcoin trading has picked up as the U.S. election approaches as both candidates try to engage with the cryptocurrency community.

Kaiko 研究还显示，韩国 BTC 投资者在两位候选人中都看到了比特币潜力，无论谁赢得选举。 Kaiko 的数据表明，韩国 BTC 交易员预计选举后比特币价格将上涨。

Kaiko research also shows that Korean BTC investors see Bitcoin potential in both candidates, regardless of who wins the election. Data from Kaiko shows that South Korean BTC traders expect Bitcoin prices to rise after the election.

随着早期势头的增强，比特币整体表现继续呈上升趋势

Overall Bitcoin performance continues to trend upward as early momentum builds

Coingecko 的数据显示，比特币价格在过去 30 天内飙升了 8.8%，保持在 6.7 万美元至 6.9 万美元之间。截至 11 月 4 日，其市值为 1.33 万亿美元，24 小时交易量为 402.3 亿美元（增长 27%）。

Data from Coingecko shows that Bitcoin prices have surged 8.8% in the past 30 days, remaining between $67,000 and $69,000. As of November 4, its market capitalization was US$1.33 trillion, and its 24-hour trading volume was US$40.23 billion (a 27% increase).

该数据证实了 BTC 活动的增加，尽管目前比特币价格比 2024 年创下的 73,737.94 美元的历史高点低了 8.65%。比特币波动性也继续加大，预计美国总统大选结果公布后，波动性将进一步加大。

The data confirms the increase in BTC activity, even though Bitcoin price is currently 8.65% lower than the all-time high of $73,737.94 set in 2024. Bitcoin volatility also continues to increase, and it is expected that volatility will increase further after the results of the U.S. presidential election are announced.

外汇储备下降也表明抛售压力较低，这意味着大多数投资者都购买了比特币并打算长期持有比特币。

Falling reserves also indicate low selling pressure, meaning most investors have purchased Bitcoin with the intention of holding on to it for the long term.