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    Home ยป Residents of South Korea have become more active in investing in cryptocurrencies

    Residents of South Korea have become more active in investing in cryptocurrencies

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    By BlockchainJournal on April 22, 2019 News
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    The average amount of investments of investors from South Korea in cryptocurrency is $ 6,100, which is 64% more than last year, reports Cointelegraph .

    According to a survey conducted by the Korean Fund for the Protection of Portfolio Investors, in addition to the investment amounts, the percentage of those interested in investing in digital assets also increased. Thus, 7.4% of the 2500 respondents have already acquired cryptocurrency (last year there were 6.4% of those). It is noteworthy that this figure has increased, despite several major break-ins of the South Korean crypto-burg, as well as tougher regulation of the industry.

    Analysts connect the market with a recent bitcoin price hike and hope for a new bull rally.

    Recall recently it became known that 94% of trust capital funds invest in cryptocurrency.

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