PANews reported on April 8 that according to the Daily Economic News, South Korea's daily cryptocurrency trading volume surged nearly 400% after false news caused the price of mainstream cryptocurrencies to rise by 9%. The false report stated that US President Donald Trump was considering suspending tariff measures.
Data from CoinGecko showed that on April 7, the 24-hour trading volume of South Korea's top five crypto exchanges reached 6.78 billion won (about 4.58 million US dollars), the highest level since March 4, and an increase of 368% from 1.45 billion won (about 980,000 US dollars) on April 5.
