After South Korean President Yoon Suk-yeol announced martial law, there was significant volatility in the digital currency prices on South Korean crypto exchanges. Most major digital assets saw a decline on Tuesday, with the bellwether bitcoin experiencing a substantial shake-up in the crypto market. The price of bitcoin against the stablecoin Tether on South Korean crypto exchanges once dropped to $71,814.99, while at that time, the average global price of bitcoin was around $93,600. It is reported that a large amount of funds entered South Korean crypto exchanges for rush buying.
韩国戒严令风波冲击币圈，当地比特币价格一度暴跌至约7万美元
South Korea's martial law order caused a turmoil in the crypto market, with the local bitcoin price plummeting to around $0.07 million.
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