ChainCatcher news, according to South Korean media Koreaherald, due to the influence of the domestic political situation in South Korea, local investors are flocking to alternative assets such as cryptocurrency.
As of last Friday at 3:30 PM, the 24-hour trading volume of South Korea's top five cryptocurrency exchanges Upbit, Bithumb, Coinone, Korbit, and Gopax was $14.59 billion. This amount is equivalent to 20.72 trillion Korean won, nearly double the Kospi's trading volume of 10.48 trillion Korean won on the same day.