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Korea’s crypto trading volume is surging. Why are these investors re-entering the market?

Korea’s crypto trading volume is surging. Why are these investors re-entering the market?

00:00 Speaker A

Now, going back to crypto volumes, we have an update to a story that I told you, I don’t know, all of like yesterday or the day before. Here you go. Remember I told you that the South Koreans weren’t trading anymore, crypto volumes were down massively. They’d gone to SK Hix and and Samsung and were using leverage leverage ETFs. Well, in the words of Poltergeist, they’re back. Up at trading volume spikes 273% in a day. Calm down.

00:21 Speaker A

A South Korean investors re-enter crypto. So up its daily volume surged 273% to 1.84 billion. Busiest day since March. Bit thumb hum hum thumb thumb, Bithumb. Volume jumped 133%. Now, interestingly, XRP was the most actively traded asset on both exchanges….

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