The number of cryptocurrency investors in South Korea exceeded 15 million for the first time, and the average daily trading volume of crypto exchanges in November was close to that of the stock market
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2024-12-25 09:02 1,681
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According to news on December 25, according to Yonhap News Agency, Bank of Korea data released by the Finance Committee of the Korean National Assembly showed that as of the end of November 2024, the number of cryptocurrency investors in South Korea exceeded 15 million for the first time, reaching 15.59 million, an increase of 610,000 from October. . The total market value of investors' holdings reached 102.6 trillion won (approximately US$79 billion), with average holdings of approximately 6.58 million won (approximately US$5,070) per capita.
Data shows that the average daily trading volume of South Korea's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) in November reached 14.9 trillion won (approximately US$11.5 billion), which is the same as the average daily trading volume of South Korea's two major stock markets, KOSPI and KOSDAQ. The total amount (16.9 trillion won) is equivalent. Market analysts believe that Trump’s support for the cryptocurrency industry has driven the enthusiasm of Korean investors.