10xResearch: South Korea's retail trading volume in the cryptocurrency market reached $18 billion in the past 24 hours, the second highest this year.

According to Deep Tide TechFlow, on December 3, the latest report from 10X Research shows a significant shift in cryptocurrency trading activity since Trump's election. With the U.S. government taking a more favorable stance on cryptocurrencies, this trend is expected to continue and may expand trading opportunities. Other governments, such as South Korea, are also adopting a more cryptocurrency-friendly position.
The report indicates that the retail trading volume in South Korea's cryptocurrency market surged to $18 billion in the past 24 hours, 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 way, followed by Dogecoin ($1.6 billion) and Stellar ($1.3 billion).
The funding rate for Bitcoin remains at a moderate annualized level of 15%, while retail trading volume in South Korea has significantly risen, indicating an active altcoin market.