The Bank of Korea released a financial market stability report. When evaluating asset markets such as real estate, stocks, and crypto assets (currencies), the report stated that “the price of some assets is highly likely to be overvalued. It is difficult to find a reasonable explanation for the large increase in the price of crypto assets. The high price of cryptocurrencies Volatility may have an impact on the stability of the financial system.”
Post time: Jun-22-2021