In November, South Korea's average daily cryptocurrency trading volume was on par with the stock market, and the total number of investors exceeded 15 million

2024-12-25 08:12:34

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ChainCatcher news, according to Naver, data from the Bank of Korea shows that as of the end of November, the number of cryptocurrency investors in South Korea reached 15.59 million, an increase of 610,000 from October. This figure accounts for more than 30% of the country's total population, reflecting an increase in market activity following U.S. President-elect Trump's commitment to support the cryptocurrency industry. The rise in Bitcoin prices has also fueled this trend.

As of the end of November, the total cryptocurrency holdings of South Korean investors amounted to 102.6 trillion won (approximately 7.08 billion USD), compared to 58 trillion won (approximately 4 billion USD) in October. The average daily trading volume in November reached 14.9 trillion won (approximately 10.288 billion USD), equivalent to the total daily trading volume of the KOSPI market and the KOSDAQ market in South Korea for the same month.

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