韓元的加密貨幣交易量飆升至超過美元

2024 年第一季度，韓元的加密貨幣交易量超過了美元，在韓國交易所之間的激烈競爭中達到了兩年來的新高。 Upbit 先前以 82% 的份額佔據市場主導地位，但 Bithumb 和 Korbit 等競爭對手透過零費用政策等策略加劇了競爭。交易活動的增加導致韓元的交易量超過了美元，儘管韓元交易量此後有所下降。

South Korean Won Surges Past US Dollar in Cryptocurrency Trading Volume

韓元的加密貨幣交易量飆升至超過美元

Seoul, South Korea - In a significant shift in the global cryptocurrency market landscape, the South Korean Won (KRW) has surpassed the US Dollar (USD) in terms of trade volume for the first quarter of 2024, marking a two-year peak amid intense competition among Korean exchanges.

韓國首爾 - 全球加密貨幣市場格局發生重大轉變，2024 年第一季韓元 (KRW) 的交易量超過美元 (USD)，創下兩年來的最高點韓國交易所之間競爭激烈。

Korean Cryptocurrency Market Booms

韓國加密貨幣市場蓬勃發展

According to a recent analysis by Kaiko, a leading cryptocurrency market data provider, the Korean cryptocurrency market has experienced a surge in trading activity, reaching levels not seen in over two years. This spike in trading volume coincides with fierce rivalry among Korean exchanges and changing market dynamics.

根據領先的加密貨幣市場數據提供商Kaiko最近的分析，韓國加密貨幣市場的交易活動激增，達到兩年多來的最高水準。交易量的激增恰逢韓國交易所之間的激烈競爭和不斷變化的市場動態。

Upbit Faces Competition

Upbit面臨競爭

Upbit, a dominant player in the South Korean cryptocurrency sector, has maintained a strong position since early 2021, accounting for an average market share of 82% during the last three years. However, the landscape has become increasingly competitive, especially during the ongoing bull run.

Upbit 是韓國加密貨幣領域的主導者，自 2021 年初以來一直保持著強勢地位，過去三年平均市佔率為 82%。然而，競爭格局變得越來越激烈，尤其是在持續的牛市期間。

Rivals like Bithumb and Korbit have intensified their efforts to acquire market share, with Bithumb's implementation of a zero-fee policy in October 2023 having a significant impact. Despite a 60% decline in annual income in 2023, Bithumb's market share tripled in the months after implementing the zero-fee plan. Korbit has maintained a relatively low market share, averaging less than 1% throughout 2024.

Bithumb和Korbit等競爭對手加大了爭奪市場份額的力度，其中Bithumb於2023年10月實施的零手續費政策產生了重大影響。儘管 2023 年年收入下降了 60%，但 Bithumb 的市場份額在實施零費用計劃後的幾個月內增長了兩倍。 Korbit 一直保持著相對較低的市場份額，2024 年平均不到 1%。

KRW Surpasses USD in Trading Volume

韓元交易量超過美元

The strategies deployed by Bithumb and others have contributed to an increase in trading volume, with KRW surpassing USD in cumulative transaction volume in early March. However, this achievement was not sustained, as KRW volumes fell in early April. Nonetheless, Kaiko analysts believe that the recent legalization of spot BTC and ETH ETFs in Hong Kong could catalyze improved market sentiment across the Asia-Pacific region.

Bithumb等公司採取的策略促進了交易量的增加，3月初韓元的累積交易量超過了美元。然而，由於 4 月初韓元交易量下降，這項成就並未持續。儘管如此，Kaiko 分析師認為，最近香港現貨 BTC 和 ETH ETF 的合法化可能會促進整個亞太地區市場情緒的改善。

Uniswap Faces SEC Scrutiny

Uniswap 面臨 SEC 審查

Meanwhile, on April 10th, Uniswap Labs, the company behind the popular decentralized exchange Uniswap, announced that it had received a Wells notice from the United States Securities and Exchange Commission (SEC). Following the announcement, the UNI token price fell by more than 16%, while trading volumes increased by 3,000%.

同時，4 月 10 日，熱門去中心化交易所 Uniswap 背後的公司 Uniswap Labs 宣布，已收到美國證券交易委員會 (SEC) 的 Wells 通知。消息公佈後，UNI 代幣價格下跌超過 16%，而交易量卻增加了 3,000%。

US Market Dynamics

美國市場動態

In the United States, Coinbase has increased its market share while Binance.US has declined due to legal concerns following an SEC complaint in June. Binance.US today has only 0.28% of the market, a substantial decrease from its position of almost 30% last year.

在美國，Coinbase 的市佔率增加，而 Binance.US 則因 6 月 SEC 投訴後的法律問題而下降。 Binance.US 目前僅佔 0.28% 的市場份額，較去年近 30% 的地位大幅下降。

Analysts note that the 90-day correlation between BTC and the Dollar Index (DXY) plummeted to a negative 0.24 last week, the lowest level in over a year. This indicates a divergence between the performance of BTC and the US dollar, which has surged due to unexpected inflation and escalating Middle Eastern tensions. Unlike traditional safe-haven assets, BTC did not attract investor attention during this period and instead declined alongside other risky assets.

分析師指出，上週 BTC 與美元指數 (DXY) 之間的 90 天相關性驟降至負 0.24，為一年多來的最低水準。這表明比特幣和美元之間的表現存在差異，美元由於意外的通貨膨脹和中東緊張局勢升級而飆升。與傳統的避險資產不同，BTC在此期間並沒有引起投資者的關注，而是與其他風險資產一起下跌。

Conclusion

結論

The recent developments in the cryptocurrency market underscore the evolving landscape and the increasing competition among exchanges. While the dominance of the South Korean Won in trading volume is a significant shift, the ongoing regulatory scrutiny and market volatility pose challenges for the industry. As the market continues to evolve, traders and investors should monitor these developments closely and make informed decisions based on accurate information and analysis.

加密貨幣市場的最新發展凸顯了不斷變化的格局和交易所之間日益激烈的競爭。雖然韓元在交易量中的主導地位發生了重大轉變，但持續的監管審查和市場波動給該行業帶來了挑戰。隨著市場的不斷發展，交易者和投資者應密切關注這些發展，並根據準確的資訊和分析做出明智的決策。