South Korea's Unexpected Turn: President Declares Martial Law
🇰🇷 Events in South Korea:
- President Yoon Suk Yeol declared martial law amidst political tensions with the opposition. 🏛️
- Immediate protests followed, with clashes outside the National Assembly. 🚓✊
- The National Assembly passed a resolution to lift the martial law. 📜
Effects on the Crypto Market:
-Price Plunge: Bitcoin and XRP prices dropped significantly on Korean exchanges. 📉
- Exchange Issues: Platforms like Upbit and Bithumb experienced service delays due to high traffic. ⚠️🔁
- Market Sentiment:Increased uncertainty leading to volatility in crypto values. 😓💸
- Potential Regulatory Changes: The situation might influence future crypto regulations. 🔍📝
The martial law declaration in South Korea has not only stirred political waters but has also rippled through the cryptocurrency markets, leaving investors on edge.