Korean Stock Market Volume Surges to 65.84 Trillion Won on July 7, Crypto Trading Plummets 45% in One Month

According to Korea Exchange data, on July 7, South Korean stock market trading volume surged to 65.84 trillion won, more than 4 times higher than the same period last year, as individual investors shifted funds from cryptocurrency markets to domestic equities. The five largest domestic crypto exchanges recorded only 1.38 trillion won in combined 24-hour volume on the same day, representing just 2.1 percent of stock market trading value.

Crypto trading volume declined approximately 45 percent in one month, with the June 9 level at 2 trillion won (4.3 percent of stock market volume). Meanwhile, Korean blue-chip stocks like Samsung Electronics and SK Hynix exhibited daily volatility exceeding 10 percent, while Bitcoin remained confined to a 90-95 million won trading range with daily swings of 2-3 percent. Market experts cautioned that investor behavior patterns have not fundamentally changed, warning that chasing performance in stocks mirrors previous cryptocurrency speculation risks.