South Korea Crypto Trading Volume Drops Sharply Against Stock Market

South Korea Crypto Trading Volume Drops Sharply Against Stock Market

The post South Korea Crypto Trading Volume Drops Sharply Against Stock Market appeared first on Coinpedia Fintech News

South Korea has seen cryptocurrency trading activity fall to around one-tenth of stock market levels as investors shift toward equities during the country’s strong KOSPI rally. Data showed combined trading volume across major exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax reached only 8% of KOSPI trading volume in May. The figure marks a major …