Short News View Non-AMP

KOSPI Stock Index Falls 4% as Upbit Trading Volume Surges 1,426%

Published by
Nidhi Kolhapur

South Korea’s KOSPI extended its sell-off on July 14, falling 4% intraday to 6,534.34, while SK Hynix dropped more than 7%. At the same time, Upbit’s 24-hour trading volume jumped 1,426% to $4.27 billion, according to CoinGecko. The sharp increase in crypto trading came as the stock market weakened and forced liquidations in South Korean equities reached about KRW 425.8 billion ($286 million) between July 1 and July 10. Investors will watch whether volatility continues across both stock and crypto markets.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Four Reasons Why Ripple’s Brad Garlinghouse Wants the Clarity Act to Pass

Ripple CEO Brad Garlinghouse used a speech at the CFTC's Innovation Advisory Committee meeting this…

August 23, 2026

XRP Price Prediction: Breakout Above $1.55 Could Trigger Next Leg Up

XRP is holding above a critical support level following a recent liquidation-driven pullback, with several…

August 23, 2026

Defi Protocol Term Labs Loses $8.5M in Governance Exploit

The DeFi protocol Term Labs has suffered an estimated $8.5 million loss after an attacker…

August 23, 2026

Will Bitcoin Price Hit $100K and Above By Year-End?

Bitcoin is trading at $77,129.12, up 22.8% over the past week, as former Coinbase Head…

August 23, 2026

South Korean Crypto Traders Return as Upbit Volume Explodes 273%

South Korean traders are returning to crypto as Bitcoin climbed to a three-month high of…

August 23, 2026

Hyperliquid Surpass Pump.fun in Fees as HYPE Token Hits ATH

Decentralized derivatives platform Hyperliquid has overtaken Solana based meme coin launchpad Pump.fun in 24-hour fees.…

August 23, 2026