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News · South Korea

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Crypto Asset Market Cap Down 33%, Trading Volume Down 44%

  • Total domestic virtual asset market valuation fell to 58.9 trillion won at the end of June, down 33% from 87.2 trillion won at the end of last year.
  • First-half average daily trading volume fell to 3.1 trillion won, a 44% decrease from 5.4 trillion won in the second half of last year; won-denominated deposits also fell 35% to 5.2 trillion won.
  • Exchanges' operating profit dropped 78%, even as the number of user accounts eligible to trade rose slightly.

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