Bitcoin Surge to $71,000 Sees Koreans Favor Crypto Over Stocks

Atmosphere (Shutterstock/CoinDesk)

“Koreans favor high-risk, high-return investments because they experienced a rapidly growing economy,” shared Ki Young-Ju, founder of on-chain provider CryptoQuant, in a message. “With the increasing wealth gap, more people are turning to such investments, with altcoins being the preferred choice over major assets like BTC or ETH.”

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