"False news of 'U.S. suspending tariffs' triggers nearly 400% surge in South Korea's cryptocurrency trading volume."

ChainCatcher news, according to the Daily Economic News, after false reports led to a 9% increase in mainstream cryptocurrency prices, South Korea's daily cryptocurrency trading volume surged nearly 400%. The false report claimed that U.S. President Donald Trump was considering suspending tariff measures.

Data from CoinGecko shows that on April 7, the 24-hour trading volume of South Korea's top five cryptocurrency exchanges reached 6.78 billion won (approximately 4.58 million USD), the highest level since March 4, and an increase of 368% compared to 1.45 billion won (approximately 980,000 USD) on April 5.