Odaily News South Korean crypto traders appear to be increasingly influential in the recent Bitcoin rally. During this period, the price of Bitcoin surged by more than 50%, reaching a new high in the past two years. CCData data shows that in November this year, the South Korean won surpassed the US dollar for the first time and became the largest legal currency trading pair in cryptocurrency transactions. This data does not include the trading volume of stablecoins and related trading pairs. CCData data shows that in November, 42.8% of fiat currency trading activities in Bitcoin transactions were related to the Korean won. From September to now, the Korean won’s market share has increased by about 17% to 41%, while the U.S. dollar’s ​​market share has dropped by 11% to 40%. (Bloomberg)