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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.

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South Korea's Crypto Market Is Getting Older, Quieter, and Smaller — Crypto Insight