Over $773 million poured into the US spot BTC ETF market

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South Korean cryptocurrency exchange Bithumb has announced that cryptocurrency withdrawals have been delayed due to excessive trading volume. Withdrawals are being processed in order, and the exchange will provide the latest information after resuming normal operations.

Odaily Planet Daily News: According to Arkham's monitoring, Grayscale transferred 7225 ETH worth $25.71 million to the Coinbase Prime hot wallet address one hour ago.

Odaily Planet Daily News: The South Korean government has stated that it will provide unlimited liquidity to the market when necessary. Brad Bechtel, Global Head of Jefferies Forex, stated that the South Korean leadership has used this approach in the past during major political turmoil or power transitions, but it remains a concern. He believes that the Korean won will remain volatile for the time being. This will largely depend on the reaction of overseas investors to the South Korean stock market. If they start selling heavily, the US dollar may rise to 1450 against the Korean won. (Golden Ten)