🚨 South Korean market crashes! Political crisis triggers cryptocurrency turmoil 🚨
🇰🇷 President Yoon Suk-yeol announces emergency martial law, Seoul Spring 2 is unfolding
This move has led to significant fluctuations in the South Korean cryptocurrency market. It has triggered a constitutional crisis, causing panic selling by investors.
📉 Upbit trading interrupted
The price of Bitcoin against the Korean won temporarily dropped by 30%, leading to severe negative premium phenomena. Some arbitrageurs took the opportunity to profit, but the overall market remains unstable.
🔍 Bitcoin price volatility
After the news was released, the South Korean cryptocurrency market experienced a brief 'spike and drop' pattern, quickly falling before rebounding.
💡 Future outlook
Political turmoil may continue to affect cryptocurrency market trends, and investors need to closely monitor changes in the situation to guard against further market fluctuations.
🌍 Reminder: The impact of geopolitical events is profound, especially in the high-risk asset sector. Stay vigilant at all times!🔑
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