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South Korea's crypto trading surges as Bitcoin rally boosts Upbit and Bithumb volumes.

Market News
21 Aug 2026
Crypto news
View Source
Bullish
pluang ai news

Trading volumes on South Korea's top crypto exchanges, Upbit and Bithumb, have surged sharply amid Bitcoin's recent rally. Upbit's 24-hour volume jumped 273% to $1.84 billion, its highest since March, with XRP leading trades. Bithumb's volume rose 133% to $935 million. This rebound follows months of weak crypto activity as investors favored local stocks, but renewed interest could bring more capital into crypto if the rally continues. Analysts note Korean retail investors tend to follow returns, suggesting sustained crypto gains may attract further inflows.

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