Upbit's 24-hour trading volume surges 1,319% to $4.2B

Trading volume on South Korea's largest cryptocurrency exchange, Upbit, has surged by approximately 1,318.8% in the last 24 hours to reach about $4.243 billion, according to data from CoinGecko. The spike has fueled speculation that South Korean investors are turning back to the crypto market as the domestic stock market declines.