South Korean retail crypto trading enthusiasm cools as AI stock行情 diverts funds

TechFlow News, June 17: According to The Korea Times, South Korea’s cryptocurrency trading volume declined by 28% year-on-year in Q1 2024—the steepest drop among major global markets (global average: 20%)—with trading volume totaling $69 billion, ranking second globally. Analysts noted that the KOSPI Index has surged approximately 196% over the past year, making it the top-performing stock index among G20 nations; AI-driven semiconductor stocks have significantly diverted retail risk capital.