South Korean cryptocurrency exchanges set new record!🇰🇷
In the past 24 hours, the spot trading volume of South Korea's five major cryptocurrency exchanges exceeded $34 billion, setting a new historical high. Notably, this surge in trading volume coincided with a six-hour period during which the South Korean president announced the implementation of emergency martial law.
According to CoinMarketCap data, the total trading volume of the five exchanges, Upbit, Bithumb, Coinone, Korbit, and Gopax, reached $34.2 billion. Among them, Upbit's trading volume was as high as $27.25 billion, double the $18 billion trading volume on December 2, which has surpassed the daily trading volume of the South Korean stock market on that day.
The intertwining of market volatility and policy changes has kept the trading enthusiasm for cryptocurrencies on the rise.📈