"Political storms change, capital flows beneath the surface - every handshake between great powers could stir up tremendous waves in the crypto market."
The Korea-U.S. summit is approaching; will the crypto world encounter new variables?
The meeting between South Korean President Lee Jae-myung and Trump appears to be political diplomacy on the surface, but in reality,
it conceals three key factors that influence the crypto market:
Three potential impact directions
1.
U.S.-South Korea regulatory policy coordination
If discussions on cryptocurrency regulatory coordination occur, it may accelerate the compliance process in the Asian market.
South Korea has always been a hotbed for crypto trading, and policy direction directly affects market sentiment.
2.
Covert collaboration in the technology industry
South Korean companies like Samsung may gain new opportunities for blockchain deployment.
Cross-border collaboration between artificial intelligence and blockchain may become a new narrative hotspot.
3.
Geopolitical capital flows
If sensitive issues such as the North Korean nuclear problem see breakthroughs, safe-haven capital may be reallocated.
Changes in traditional capital's confidence in the Asian market will transmit to the crypto market.
The "off-market effects" of political meetings are often more intriguing than formal statements.
Classic cases
During the 2018 inter-Korean summit, the Bitcoin premium on the South Korean exchange reached as high as 15%.
After Biden's visit to South Korea in 2022, the weekly trading volume of South Korean DeFi projects surged by 300%.
Current observations:
The BTC/KRW trading pair on the South Korean Upbit exchange has shown unusual price disparities.
If Trump mentions the topic of "digital currency sovereignty," it may trigger FOMO emotions in the market.
Smart money is already in action.
South Korean concept coins (such as KLAY, ICX) are quietly seeing increased trading volumes.
U.S. compliant exchanges are beginning to test trading pairs with the Korean won.
Market makers are significantly increasing order depth during Asian trading hours.
Deconstruction: How to capture signals of wealth generation from political news?
Follow @BlockKey to receive the "Geopolitical Investment Handbook" - last time before the Russia-Ukraine conflict, we accurately warned of a 30% price surge! #以太坊生态山寨币普涨