South Korean daily crypto trading volume up ₩1T in two months

Average daily crypto trading volume in South Korea has increased by 1 trillion won over the past two months, Chosun Biz reported. According to data from CoinGecko, the average daily volume on the country's five largest exchanges grew from approximately 2.8 trillion won in the first week of January to around 3.8 trillion won in the last week of February. An official from one exchange suggested that the $60,000 level is acting as strong psychological support for Bitcoin's price. The official added that this has led to a belief that the market has bottomed out, prompting funds that had exited in previous months to gradually return.