Domestic Virtual Currency Market Cap Increases 10-fold in Three Years

The market capitalization of virtual currencies listed on domestic exchanges increased approximately 10-fold in three years, led by Bitcoin.

According to industry sources, the overall market index on the UPbit exchange was 9,742.62 points at 5:45 p.m., March 15. The starting index on Oct. 1, 2017 had been 1,000 points and the index topped 10,000 points for the first time ever on March 13 this year.

The closing Bitcoin price on UPbit soared from 4,962,000 won to 66,777,000 won from Oct. 1, 2017 to March 15, 2021