In South Korea, an increase in the tendency of individual investors to take risks to crypto currencies is observed. Especially Ripple $2.38‘s XRP and Dogecoin 
$0.233569 (Doge) has recently attracted attention with its high transaction volumes on crypto currency exchanges in the region. Bitcoin (BTC) 
$104,489.94 and Ethereum 
$2,515.72‘U (ETH) volume is said to exceed.
Rising Volumes and Price Movements
This is related to the reduction of commercial tensions between the US and China and the strengthening of short-term interest rate reduction expectations in global markets. XRP and Dge prices have gained more than 15 percent in the last week, these rates are reported to be higher than Bitcoin’s movement. In addition, Ethereum increased by about 40 percent in the last week and has reached its strongest weekly performance since 2021.
In the country’s largest crypto currency exchange, UPbit, the total trading volume of 24 -hour transaction in XRP/KRW and Dogge/Krw parity increases over 250 million dollars, and in Bitcoin and Ethereum, this figure remains below $ 150 million. The tendency in question is reminiscent of the periods called “kimchi premium ve in the past and when individual investors showed great interest in volatility assets.
Effect of Global Developments
Experts say that this tendency points to the change in the general risk appetite of Korean individual investors. It is pointed out that the last wave of ascension is linked to a large “Short Squeeze” last week. With the closure of leveraged positions in the markets, crypto currency prices are increasing rapidly.
Augustine Fan, as the president responsible for insights in Signalplus, said, “Risky assets showed a serious recovery in a very short time. While macro -level positive expectations continued, the continuation of the rise seems to be due to investors out of the position,” he said.
According to analysts, a new product or investment fund entry has no significant impact, but the current wave is caused by investors’ position changes. The entrances of the Stock Exchange Investment Fund (ETF) for Ether has not seen a significant increase.
Political and Economic Background
Behind this mobility, there are global political developments. It is stated that the United States and China will reach a mutual agreement and reduce customs duties from 145 to 30 percent to 90 percent. This step is considered to be a factor that reduces investors’ concerns about crypto currencies.
BTSE COO Jeff Mei said, “The solutions in the US-China trade negotiations and the possible interest rate reduction expectations positively affect the approach of investors to crypto currencies.
In the short term, although investors maintain their expectations cautiously, it is stated that speculative transactions, especially for Altcoins, are the locomotive of the current rise. It is stated that the road maps and possible new investment instruments will be presented by the central banks in the coming months.
The South Korean crypto market stands out as an indicator for individual investor behaviors and this market reflects global tendencies in wavy periods. The sustainability of this mobility in the markets in a short time will be shaped by the developments in the future.
South Korean investors rising risk tendency in crypto currencies show that they can quickly react to developments in global markets. Increases in transaction volume for volatil assets such as XRP and Dogecoin constitute the impression that it is closely related to global economic indicators. How this fluctuation in the market will continue in the coming weeks continues to be an important element that will affect the decisions of investors. Especially the role of new regulatory steps, the Central Bank explanations and the market dynamics of global political developments are worth following.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
