TechFlow news, December 3 — According to the latest report released by 10X Research, cryptocurrency trading activity has seen a significant shift since Trump's election. With the U.S. government adopting a more favorable stance toward cryptocurrencies, this trend is expected to continue and could expand trading opportunities. Other countries, such as South Korea, are also moving toward more crypto-supportive positions.
The report highlights that retail trading volume in South Korea’s cryptocurrency market surged to $18 billion within the past 24 hours, marking the second-highest level this year and surpassing the $14 billion trading volume of South Korea's stock market. XRP led with $6.3 billion in trading volume, followed by Dogecoin ($1.6 billion) and Stellar ($1.3 billion).
Bitcoin funding rates remain moderately at an annualized 15%, while the sharp rise in retail trading volume in South Korea indicates strong altcoin market activity.
