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Kimchi Premium Surges 17% As South Korean Market Turns Bullish

Kimchi premium surges 17% as the BTC price action has been far more stable and the South Korean market turned bullish so let’s read more in our latest cryptocurrency news today. Since the extreme volatility in March, BTC’s price action was far more stable as the cryptocurrency continued hovering around $57K to $58K seeing some minor fluctuations with the BTC volatility index at 3.21%. In South Korea however, there was a resurgence of local crypto scenes and tightening regulations which have led BTC prices to surge to $69,300 on BitHumb. The current all-time high of BTC is $61,500 which is…

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Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies

South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem Unafraid of Strict Regulations According to the “Virtual Currency App Market Analysis” research made by big data firm IGA Works, quoted by Edaily, almost 60% of the newest crypto investors in the country are aged 20-30. Remarkably, such a segment of traders often prefers to allocate “smaller amounts” of money into cryptos,…

Continue Reading Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies

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