South Korea accounts for 30% of global cryptocurrency trading volume, with altcoins making up 85% of this activity, while Bitcoin represents only 9% and Ethereum 6%. Trading in Japanese yen maintains a steady monthly volume of 20 to 30 billion yen, which is a small fraction of South Korea’s weekly average of 2.6 trillion won. However, market depth in BTC is 3 to 5 times deeper.
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