Kaiko: Bitcoin attracts a large amount of safe-haven funds due to the recent political turmoil in South Korea
Kaiko disclosed that despite Korean traders traditionally preferring altcoins (which account for about 80% of the local market), Bitcoin has attracted a significant influx of safe-haven funds during recent political turmoil. On Upbit and Bithumb, the cumulative volume growth (CVD) of the BTC-KRW trading pair has shown a clear increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Trending news
MoreCrypto prices
More
