2018 Bitcoin Bear Market Decimated Revenues of South Korean Cryptocurrency Exchanges2

Only one of the “big four” cryptocurrency exchanges in South Korea managed to record a profit for the year 2018.

This revelation is the latest in a long list of negative performance for companies in the crypto space after the year-long bear market of 2018. Throughout 2018, cryptocurrency prices slumped considerably, by as much as 80 percent across the board.

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