In a significant market event, the BTC/KRW trading pair on South Korea’s Upbit exchange experienced a sudden 30% drop following President Yoon Suk Yeol’s announcement of martial law. The price plummeted from 130 million KRW to a low of 93.6 million KRW before partially recovering.
President Yoon stated that the drastic measure aimed to counter threats from North Korea and “anti-state elements.” Meanwhile, opposition leader Lee Jae-myung expressed concerns over potential military crackdowns on parliament members.
Stay updated on this evolving story as more details emerge.
