South Korea's political party mentioned it openly. Is it a black swan for the crypto market?

Yoon Seok-yeol announced martial law, saying that the opposition party was coercing the Congress to disrupt the country; then there was a wave of killing. The price of $BTC bitcoins on the Korean exchange even dropped to 66,000; $XRP dropped to 1 US dollar;

South Korea is one of the most important markets in the currency circle, and it is also the region with the highest national participation in digital currency. There is even a "Kimchi premium" indicator due to high demand.

At present, the National Power Party, where Yoon Seok-yeol belongs, advocates reducing excessive regulation and providing a friendly investment environment for digital currency. The opposition Democratic Party advocates strict regulation to protect investors and regulate the market;

Whether from the perspective of policy or the maintenance of the existing pattern, Yoon Seok-yeol's control of the situation should be more beneficial to the currency circle;

The main exchanges in South Korea are Upbit, Bithumb and Coinone, etc. Chinese users should rarely use these exchanges, otherwise this needle will explode all the bulls tonight.