10 The latest report by X Research shows a significant shift in cryptocurrency trading activity since Trump's election. As the US government is more friendly to cryptocurrencies, the trend is expected to continue and could expand trading opportunities. Other governments such as South Korea are also taking a more cryptocurrency stance.
Retail trading volume in South Korea's cryptocurrency market has surged to $18 billion in the past 24 hours, the second highest this year, surpassing the $14 billion trading volume, the report said. XRP led the list with $6.3 billion, followed by Dogecoin ($1.6 billion) and Stellar ($1.3 billion)
Bitcoin funding rates remained at a modest 15% annual level, while retail transactions in South Korea rose sharply, indicating that the copycat currency market is active.