South Korea experienced a surge in crypto trading volume to a record $34 billion within 24 hours on Dec. 3 during a brief martial law order. President Yoon Suk-yeol imposed an emergency curfew due to unrest, causing panic among traders. The country's top exchanges, including Upbit, Bithumb, and Coinone, witnessed a significant increase in spot trading volume. The martial law was declared in response to the opposition's perceived threat to national security. The curfew resulted in a rush to sell assets, impacting not only crypto trading but also the broader market. Bitcoin struggled below $100k, while top altcoins like XRP and Ethereum saw price declines. President Yoon's decision was later reversed and faced criticism, potentially leading to his impeachment amidst ongoing political turmoil. Read more AI-generated news on: https://app.chaingpt.org/news