[Bitcoin Premium in South Korea Returns to 2%, Reaching Highest Level Since U.S.-Iran Conflict] Odaily Planet Daily News: According to data from CryptoQuant, the Bitcoin premium in the South Korean market has recently risen back to approximately 2%, marking the highest level since the outbreak of the U.S.-Iran conflict. The "Kimchi Premium" in the South Korean market is primarily driven by local demand. Due to capital controls and residency-based KYC requirements, the South Korean crypto market has long been relatively independent from the global market. Data shows that for most of 2025, Bitcoin prices in South Korea remained higher than the global volume-weighted average price (VWAP). Notably, after BTC surpassed its historical high of $126,000 in October 2024, the South Korean premium once surged to 8.27%. However, following the outbreak of the Middle East conflict in 2026, market volatility in South Korea significantly increased, with a discount of approximately 2.27% appearing briefly in early March, followed by continued market fluctuations.