Why Did South Korea’s Crypto Volume Hit a $34 Billion Record Today?

Data from the nation’s top five exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—revealed a sharp rise in activity, with total trading volumes surpassing $34 billion during the period. The brief period of martial law saw traders rushing to offload assets, creating a frenzy in the crypto markets. Bitcoin (BTC) faced significant pressure, struggling to maintain support below the $100,000 mark. Altcoins also experienced sharp corrections.

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