South Korea's announcement of martial law caused Bitcoin to briefly dip below $94K, but it recovered within an hour.
💻 #Upbit and #Bithumb , two major Korean exchanges, went offline due to overwhelming traffic. Meanwhile, altcoins paired with KRW plunged up to 60% before partially recovering.
According to The Korea Herald, South Korea’s president stated the decision aims to protect citizens' "freedom and happiness" amidst rising tensions.
The crypto market is as volatile as ever. 🚀📉