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Crypto

Upbit Storms Past Rivals with Record-Breaking Spot Volume in South Korea

Guavy AI Editorial Team
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BTC
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South Korea's cryptocurrency market has seen a rebound in trading activity, with Upbit leading the pack by recording over US$1.04 billion in spot volume over the past 24 hours.

This figure surpasses the combined total of Bithumb, Coinone, and Korbit, which came in at around US$632.6 million, US$67.9 million, and almost US$11 million respectively.

The recent rise of Bitcoin to above US$80,000 has contributed to this resurgence in market trading appetite, with South Korean traders returning to local exchanges after a period of reduced activity.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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