Upbit sees BTC briefly plunge 30%, XRP briefly drop 60% according to on-chain monitoring, affected by the emergency curfew announcement from Korean G late at night. The Korean G cryptocurrency market collectively plummeted, with Upbit's BTC directly hitting a low of 30%, falling to $66,500, while XRP was even more dramatic, dropping 60% from $2.9 to $1.16.

Even the Korean exchange experienced trading interruptions due to increased traffic. The crypto exchange Upbit announced that currently, the Upbit application (Android, iOS) and Open API services are experiencing delays due to a temporary increase in traffic.