Bitcoin has been at a premium in South Korea since October 30, 2023, only dropping into negative territory on August 22, 2024. According to Cryptoquant.com, the price of BTC was around $60,500 per coin on that day and climbed to $64,000 in two days. Although the price in South Korea was 0.36 percent below the global average at one point on Aug. 22, the drop was short-lived.