CoinGecko data reviewed by Cointelegraph showed steep declines in average daily trading volume across South Korea’s largest exchanges as equities rallied.

South Korea's KOSPI index fell 23% in July 2026, its largest monthly drop ever, erasing ₩250 trillion in value and triggering seven circuit breakers.

South Korea's KOSPI index now has higher realized volatility than Bitcoin, with 57% annualized swings versus BTC's 47%, flipping long-held risk assumptions.