![Bitcoin Surge to ,000 Sees Koreans Favor Crypto Over Stocks Bitcoin Surge to ,000 Sees Koreans Favor Crypto Over Stocks](https://www.coindesk.com/resizer/JvLLUmcm7NHv7A6-svXjqvzj6PY=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2PC3ALNPBREJRBHACLWUPL65VA.jpg)
“Koreans favor high-risk, high-return investments because they experienced a rapidly growing economy,” shared Ki Young-Ju, founder of on-chain provider CryptoQuant, in a message. “With the increasing wealth gap, more people are turning to such investments, with altcoins being the preferred choice over major assets like BTC or ETH.”