Korean Crypto Market Hit 2-Year High in Q1, KRW Beat the USD in This Metric: Kaiko

The Korean crypto markets have recently experienced a surge in trade volume, reaching heights not seen in over two years.from Kaiko, the first quarter of 2024 marked an important milestone as the South Korean Won surpassed the U.S. Dollar in terms of cumulative trade volume.This surge in trading activity comes amid fierce competition among Korean exchanges and shifting market dynamics.

The tactics used by Bithumb and others have contributed to a surge in trade volume, resulting in KRW surpassing USD in cumulative trade volume in early March.

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