Deep Tide TechFlow News, on December 3, according to the latest report released by 10X Research, there has been a significant shift in cryptocurrency trading activity since Trump's election. With the U.S. government's more favorable stance towards cryptocurrencies, this trend is expected to continue and could expand trading opportunities. Other countries' governments, such as South Korea, are also taking a more favorable position towards cryptocurrencies.
The report indicates that retail trading volume in the South Korean cryptocurrency market skyrocketed to $18 billion in the past 24 hours, marking the second-highest this year, surpassing the $14 billion trading volume of the South Korean stock market. XRP trading volume reached $6.3 billion, leading the pack, followed by Dogecoin ($1.6 billion) and Stellar ($1.3 billion).
The Bitcoin funding rate remains at a moderate annualized level of 15%, while retail trading volume in South Korea has surged significantly, indicating an active altcoin market.
