South Korea’s Crypto Market Loses Half Its Value as Stock Boom Pulls Investors Away

The value of cryptocurrency held by South Korean investors more than halved over the past year, falling to 60.6 trillion won ($41.4 billion) by the end of February 2026 from 121.8 trillion won ($83.3 billion) at the end of January 2025.

Daily trading volumes across the country’s five major exchanges, including Upbit, Bithumb, Korbit, Coinone and Gopax, also took a hit, collapsing to $3 billion by…