Despite a recent decline in bitcoin's value globally, South Korea's BTC market has consistently outperformed the global average throughout February. This premium phenomenon has persisted since December 2024, reaching a high of 8.32% above the global average on February 8. As of March 2, the premium has decreased to 2.18%, but still remains a persistent price anomaly. In contrast, U.S. investors have shown cautious inertia, as indicated by the Coinbase Premium Index, which has remained in negative territory since February 24. The U.S. dollar remains bitcoin's primary trading partner, but the South Korean won is a close second, accounting for 3.20% to 5.6% of global transactions in the past week. Stablecoins hold the majority of BTC volume, followed by the U.S. dollar and the won.



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