Crypto Markets Rise Led by Ethereum and Korea

Crypto Markets Rise Led by Ethereum and Korea

The crypto markets have rallied with ethereum leading on a 12% increase in relation to bitcoin. Korean markets are in the ascendancy trading at a $19 or 6.7% premia to the USD markets at an equivalent value of $302 on a direct cross rate. Volumes have again increased with KRW at a 26% market share of trading.

The same premium is visible in Korea on the Bitcoin markets with direct price conversions showing a $150 premium or 6.3% differential. Volumes are not so dominated in terms of market share with Korea only showing a 9.6% portion - although this has increased significantly this year.