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**XRP Gives Profit to 70% of South Korean Investors: Report**
A recent report has revealed some astonishing insights into the cryptocurrency market in South Korea. According to the report, a significant portion of South Korean investors have seen profits from their investments in XRP and other cryptocurrencies.
The data suggests that **7 out of every 10 South Korean investors** (70%) have earned a profit from their crypto holdings over the past year. This is an impressive result, considering the highly volatile nature of the cryptocurrency market.
It’s worth noting that this report also touches on the growing popularity of spot Bitcoin ETFs in South Korea. The data highlights Binance and Upbit as the most commonly used platforms for trading cryptocurrencies among South Korean investors.
The report goes on to reveal that Telegram and YouTube are the primary sources of information for crypto enthusiasts in the country, suggesting a strong reliance on social media and online content for education and investment decisions.
Furthermore, it seems that the majority of South Korean investors (approximately 75%) expect Bitcoin’s price to experience a bullish trend in the coming year, with many predicting a significant surge in value to reach levels above $102,000.
This report provides valuable insights into the cryptocurrency market dynamics in South Korea.
Source: https://u.today/xrp-gives-profit-to-70-of-south-korean-investors-report
