Live news
South Korea's Crypto Market Is Getting Older, Quieter, and Smaller
Published Source: BeInCryptoRead original
Crypto Insight Summary: South Korea’s crypto market is getting older, quieter, and smaller, according to a half-yearly survey released on October 1 by the Korea Financial Intelligence Unit (KoFIU) and the Financial Supervisory Service. Users in their 40s are now the largest age group, daily trading volume fell 44%, and the value of crypto on domestic exchanges shrank Crypto Insight Analysis: Direction: Bearish KRW Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: South Korea's shrinking crypto market reduces regional liquidity and demand.