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South korea’s turmoil shifts investments to crypto and u.s. Stocks

Crypto dominance: Cryptocurrency volumes in South Korea have skyrocketed, with $14.59 billion traded in 24 hours. This figure greatly surpasses the traditional Kospi Index trading of 10.48 trillion Korean won, demonstrating a significant shift toward digital assets amid political unrest.

U.s. Stocks attract: South Korean investors traded $63.49 billion in U.S. Shares last month, with Tesla transactions near $7.7 billion. These shifts reflect diminishing faith in local equities as Korea’s political crisis intensifies, leading investors to seek stability in international markets.

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