KaikoData Says South Korea Drives 30% of Global Crypto Trading Volume

The market data provider states that altcoins dominate South Korean crypto trading, while Japan shows lower activity but deeper Bitcoin market liquidity.

BTC

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Terms & Concepts
  • Altcoins: Cryptocurrencies other than Bitcoin, often associated with higher volatility and more speculative trading activity.
  • Market depth: A liquidity measure showing how much buy and sell volume exists near the current price without causing large price moves.
  • Bitcoin market depth: The amount of Bitcoin buy and sell orders available around the market price, often used to assess trading liquidity and price stability.