Bitcoin (BTC) has broken past the $123,000 mark, according to recent market data from cryptonewsterminal. On the Binance USDT market, BTC is currently trading at $123,008, signaling strong bullish momentum. A noteworthy observation is the differential in BTC pricing between Upbit and Binance. The gap amounts to approximately ₩3,102,171, resulting in a negative Kimchi Premium of about -1.83%. The Kimchi Premium reflects the difference in cryptocurrency prices on South Korean exchanges compared to international exchanges. A negative premium suggests that BTC is currently trading at a slightly lower price in South Korea. This could be attributed to factors such as regulatory differences or local market sentiment. Investors should monitor these discrepancies. ```