South Korea stock and crypto interest rises 95.7% year on year
- —South Korea: search interest up 95.7% over 13 weeks, and up 51% over the last 4 weeks
- —Singapore second at +66%, Spain third at +61%, Argentina and Bangladesh at about +50% and +49%
- —In the U.S. and Canada, interest rose by about 30% year on year
- —South Korea's stock market capitalization is 147.2% of GDP, and its savings rate is 35.6% of GDP
Why it matters: Rising retail interest in Asia and Europe points to a potential inflow of new investors into crypto, but search queries do not equal actual purchases.
Source: crypto.news