South Koreans Bet Big on XRP, Dogecoin as Easing Trade War Fuels Risk Taking

Retail traders in South Korea are increasingly investing in XRP and Dogecoin, surpassing Bitcoin and Ethereum in trading volume, signaling a resurgence of risk appetite in the market. The recent rally, driven by easing U.S.-China trade tensions and potential interest rate cuts, has led both XRP and DOGE to climb over 15% in the past week, outpacing Bitcoin's gains. This trend reflects Korea's role as a bellwether for retail sentiment, with speculative trading reminiscent of previous market euphoria. As macro conditions improve, traders are anticipating further price increases, potentially reigniting broader crypto investments. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk