The South Korean crypto market witnessed a slowdown in Q1 2025, transitioning from a peak trading volume of 300 million USD in late 2024. Upbit leads the market with a 70% share, while a recent decrease in fiat liquidity affects trading patterns and price dynamics.
Due to increased uncertainty, South Korean investors have turned to Bitcoin (BTC) from altcoins, as upcoming regulatory changes may allow institutional investors to enter the market, potentially enhancing liquidity and trading volumes.
Leave a Reply