Bloomberg: The influence of Korean cryptocurrency traders has significantly increased during the recent Bitcoin price surge.
According to a report by Bloomberg on December 6th, in the recent Bitcoin bull market, South Korean crypto traders appear to be gradually increasing their influence.
According to data compiled by CCData, a crypto data platform, in November, the South Korean won surpassed the US dollar for the first time to become the largest fiat currency trading pair in the crypto market. CCData stated that this does not include the trading volume of stablecoins and some other trading pairs. Stablecoins are currently the largest trading pair for other cryptocurrencies.