South Korea's Cryptocurrency Market Explosion

As of the end of November, the number of cryptocurrency investors in South Korea has surpassed 15.59 million for the first time, accounting for over 30% of the national population, with total assets reaching 102.6 trillion won (approximately 79 billion USD). Among them, the price of Bitcoin rose by 35% in November, fueling investment enthusiasm in the South Korean crypto market. The trading volume of cryptocurrencies in South Korea has significantly increased, with an average holding amount of about 5,070 USD per investor across the five major exchanges.

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