first_img

Kaiko: Recent political turmoil in South Korea has attracted a large inflow of safe-haven funds into Bitcoin

2025-01-15 15:59:49

ChainCatcher news, according to Kaiko, despite South Korean traders traditionally favoring altcoins (which account for about 80% of the market share on local platforms), Bitcoin has attracted a significant inflow of safe-haven funds during the recent political turmoil.

On Upbit and Bithumb, the cumulative volume delta (CVD) of the BTC/KRW trading pair has shown a noticeable increase.

source

warnning

Risk warning

Related tags

Kaiko altcoin Bitcoin safe-haven funds South Korea

Related reading

Memecoin's share of the total market value of altcoins has fallen to a historic low

2026-09-07 15:36

The United States' crackdown on Iranian oil tankers has driven up oil prices, while Bitcoin has fallen nearly 1% to $79,700

2026-09-07 12:47

B HODL increased its Bitcoin holdings to 167 coins, and OSL Exchange firmly holds the top spot in Hong Kong's cryptocurrency and stablecoin trading volume

2026-09-07 10:45

South Korea's virtual asset tax extension petition in Congress surpasses 32,000

2026-09-07 09:48

Related tags

Kaiko altcoin Bitcoin safe-haven funds South Korea

app_icon

ChainCatcher Building the Web3 world with innovations.