After Trump announces a 25% tariff on South Korea, some Korean investors abandon cryptocurrencies and turn to the stock market

Reported by Bijie Network: According to DL News, after U.S. President Trump announced a 25% tariff on South Korea, South Korea's cryptocurrency trading volume plummeted as investors shifted to the stock market. Data shows that trading volumes on a certain exchange dropped by 51% and 35%, respectively. Meanwhile, the Korea Composite Stock Price Index rose nearly 3%, surpassing the 5,000-point historical high for the first time. Ryan Yoon, an analyst at crypto analytics firm Tiger Research, stated that the gap between traditional stock markets and the crypto market has been widening recently. Investors are growing weary of volatility and are shifting from cryptocurrencies to the surging Korea Composite Stock Price Index. Despite concerns in the retail market, institutional investors have not withdrawn; instead, the prices of South Korean "crypto stocks" holding minority stakes in exchanges have risen.