Exchanges· ★★· bearish·

Weekly trading volume on South Korea's top five crypto exchanges falls 19.56%

  • —Combined weekly volume of the five exchanges was 20.5 trillion won, down 19.56% week-over-week
  • —Upbit's share dropped 3.3 percentage points to 64.04%
  • —Bithumb gained 1.893 points to reach 26.66% of the market
  • —Coinone held 6.58% (+1.12 points), Digital X 2.71%, GOPAX 0.02%
Why it matters: Falling volumes and shifting market shares point to weaker retail activity in South Korea and intensifying competition among exchanges.
Source: PANews
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