South Korean Crypto Traders’ Influence Jumps During Recent Bitcoin Rally

South Korean cryptocurrency traders appear to be gaining influence during the recent rally it has experienced. bitcoin increase more than 50% to the highest price level in almost two years.

In November, the won surpassed the dollar as the largest cryptocurrency trading pair for the first time, according to data compiled by CCData. That excludes trading volume for stablecoins and some other trading pairs, the market data provider said. Stablecoins are by far the largest trading pair of other cryptocurrencies. CCData began tracking the data in 2021.

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