$XRP Surges in South Korea

The $XRP trade in KRW has now overtaken the Bitcoin and Ethereum trade in the local exchange, such as Upbit and Bithumb, reaching up to 1B in 24h. Most of the activity is forced by retail traders with an average order of lower than $1,000. Upbit and its specific 70 percent of domestic XRP volume is now cumulatively over $1T. XRP tends to trade at a 2-10 per cent. higher than prices in the rest of the world, an indication of high domestic demand. The derivatives business is reserved with leverage restrictions with spot markets indicating the simple retail emotion. The inflows of KRW and the circulation of altcoins turn South Korea into a major source of XRP fluidity and retail-based crypto trends.

#TrumpNewTariffs #TokenizedRealEstate #BTCMiningDifficultyIncrease #WhenWillCLARITYActPass #PredictionMarketsCFTCBacking