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Crypto Winter consequences - South Korean exchanges struggle to survive

From leaprate.com

As the crypto bear market drags on, the consequences of what has been termed Crypto Winter continue to spread across the globe, especially in South Korea, a known hotbed of cryptocurrency trading and popularity. Recent reports detail a level of carnage that matches in many ways the decline in market values over the past year. Major exchanges are reporting daily volume drops on the order of 50% to 90%, while smaller exchanges have been hit even harder. There have been similar effects noted in other major markets, as well, including the United States, Japan, and Switzerland, but the intensity level in South Korea has ... (full story)

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  • Category: Fundamental Analysis