KOSPI Hits Record High as Crypto Trading Collapses

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South Korea’s KOSPI index surged to an all-time high in early November, while domestic crypto trading volumes plunged over 80%, signaling a dramatic shift of investor attention toward traditional equities.

KOSPI daily trading volume: KRW 34.04 trillion (up 208% from January 2025)

Top-performing stocks: Samsung Electronics (+95% YTD), SK Hynix (+242% YTD)

Crypto exchanges’ volume: Down to KRW 5.57 trillion, near-zero trading on major platforms like Upbit and Bithumb

Analysts note that Korean retail investors appear to be fleeing crypto in favor of the booming stock market.