Techub News reports that, according to Kaiko data, South Korea accounts for 30% of the global cryptocurrency trading volume, with altcoins making up 85% of that volume, Bitcoin only accounting for 9%, and Ethereum 6%. On the other hand, transactions denominated in Japanese Yen remain steady at $2 billion to $3 billion per month, distributed across four exchanges, far below South Korea's weekly average trading volume of $26 billion, but its Bitcoin market depth is 3 to 5 times that of South Korea.