Analysis: As the Nikkei index plummets, trading volume on the Japanese cryptocurrency exchange Bitflyer surges by 200%
According to market news, as the Japanese stock market's Nikkei index plummeted, the Tokyo-based cryptocurrency exchange Bitflyer saw a surge in trading volume. CoinGecko data shows that Bitflyer's 24-hour trading volume increased by 200%, far exceeding Coinbase's 112% and Binance's 75%. Meanwhile, South Korea's Upbit rose by 27.1%, and Bithumb increased by 49%.
Trading data during the Asian session indicated that Bitcoin against the Japanese yen rose by about 2.05%, outperforming the 1.86% increase against the US dollar and the 1.64% rise against the South Korean won, reflecting both the weakening yen and the surge in trading activity in Japan. The Japanese stock market fell by about 6.5% on Monday, while the South Korean composite index dropped about 8%, triggering a circuit breaker. Analysts pointed out that the South Korean market reacts more severely to oil price shocks due to its heavy reliance on imported energy, with about 70% of crude oil coming from the Middle East. Although the Japanese stock market also experienced a significant decline, its constituent stocks are more diversified and relatively more resilient, which explains why cryptocurrency trading in Japan surged despite the stock market downturn.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Traders Increase Bets on Bitcoin Falling to $52,000

Goldman Sachs backs crypto stocks amid Bitcoin breakout

RockawayX Plans to Raise $150 Million to Establish Crypto Hedge Fund

Bitcoin Spot Demand: The Signal That Hadn't Reappeared Since the October 2025 Record

Bitcoin Core Ends Development of HWI for Hardware Wallets

Cofund Maps Over 24 Bitcoin Covenant Use Cases

Kalshi Launches CFTC-Approved Spot Bitcoin Perpetual Futures, Trading Volume Reaches $5.5 Billion in First Two Weeks

Purchase of Cryptocurrency Through Intermediaries Will Be Available to Unqualified Investors

Strategy faces $1.76 billion funding risk, not Bitcoin price drop

Bitcoin ETF Expands Financial Sector Integration with $60.3 Billion Scale

Human Rights Foundation Grants $600,000 in Bitcoin to 16 Projects

Crypto investors should favor systematic strategies over Fed predictions, Moon Pursuit Capital says

Bitcoin Policy Institute Reports Declining Appeal of Digital Gold

BitGo Begins Institutional Support for Stacks-based sBTC

Operation Lighthouse: 14,000 Leads Delivered to Investigators Against Child Exploitation Networks

Crypto: Solana ETFs Record Their Biggest Day of the Year

Discussion Topics at the RBC Crypto Forum

Ray Dalio Warns of U.S. Debt Crisis and Recommends Gold and Bitcoin as Protection

Arcus Launches Tokenized Perpetual Contracts on Robinhood Chain

Empery Reduces Bitcoin Holdings to 1,179, Expands AI Data Center Investment

Bitcoin's Uptrend is Healthy, Momentum May Continue

Chainalysis identifies 7,700 suspect accounts in CSAM crypto operation

BlackRock Lowers Minimum Investment for Bitcoin ETF to $1 Million

Previously Bearish on Crypto Market, Jiang Zhuoer Quickly Turns Bullish: Ethereum is the Engine of the Bull Market

Bitdeer to Deploy 28MW Mining Equipment in Soluna's Texas Facility

Billions Flow into Crypto ETFs, Trader Loses Again

Grayscale Launches Zcash ETF Following Critical Privacy Flaw That Rocked the Cryptocurrency

Whales Confirm Trend Reversal, Bitcoin Expected to Reach $100,000

Some Bitcoin holders tax bill is now set when they leave the country instead of when they sell












