Upbit Volume Jumps 224% as Bitcoin Leads Crypto Market Rally

BitcoinWorld Upbit Volume Jumps 224% as Bitcoin Leads Crypto Market Rally South Korea’s largest cryptocurrency exchange, Upbit, saw its 24-hour trading volume surge by 223.8% to reach $1.67 billion, according to data from CoinGecko cited by The Block.

The spike in activity aligns with a broader market rebound, as Bitcoin—the leading cryptocurrency—posted a sharp short-term rally.

At the time of writing, Bitcoin is trading at $75,823.86, up 8.55% over the past 24 hours and 20.37% over the past seven days, according to CoinMarketCap.

This surge has injected fresh optimism into the crypto market, which had been struggling with low volatility and subdued trading volumes in recent weeks.