PANews
PANews|6月 01, 2026 06:21
[South Korea's Cryptocurrency Trading Volume Shrinks to 2% of KOSPI] According to a report by the 'Daily Economic News,' the recent sharp rise in the Korea Composite Stock Price Index (KOSPI) has driven up stock market trading volumes, while activity in South Korea's cryptocurrency market has shrunk to just 2% of the trading volume of the index. On May 29, KOSPI's single-day trading volume reached 118.267 trillion KRW, whereas the 24-hour total trading volume of South Korea's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—was only 2.713 trillion KRW, accounting for 2.03% of KOSPI's trading volume. This stands in stark contrast to July of last year, when South Korea's cryptocurrency market trading volume once surpassed that of KOSPI. Since July 24 of last year, KOSPI's trading volume has surged by 680%, while the cryptocurrency market's trading volume has plummeted by 84%, with a massive flow of funds shifting from the crypto market to the stock market.
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