Markets· ★★· bearish·

Bitcoin at 113.7M won as only 33% of Korean altcoins gain

  • —24-hour turnover on Upbit and Bithumb reached 2.7 trillion won
  • —Meteora led gains, up 38.7% to 616 won on 59 billion won in volume
  • —XRP topped turnover at 233.1 billion won, followed by BTC (171.2B) and ETH (129.8B)
  • —$715 million liquidated in 24 hours: 47.4% longs, 52.6% shorts
Why it matters: Weak altcoin breadth alongside declines in the majors signals caution among Korean traders even as the Fear & Greed index stays in 'greed' at 71.
Source: TokenPost