The average amount of investments from South Korea in cryptocurrency is $ 6,100, which is 64% more than last year, reports Cointelegraph.
According to a survey 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%). It is noteworthy that this figure has increased, despite several major hacks of the South Korean crypto exchanges, as well as tougher regulation of the industry.
Analysts connect the market with a recent bitcoin price rise and hope for a new bull rally.