The crypto market regained stability after South Korean President Yoon Suk-yeol reversed his martial law declaration within six hours of imposing it. The initial announcement caused a 30% flash crash on Upbit, South Korea’s largest exchange, while Bitcoin dropped to $93.5K on international exchanges, sparking widespread investor panic. Meanwhile, global sentiment improved as Donald Trump appointed Paul Atkins, a pro-crypto advocate, as the new head of the SEC, raising hopes for more favorable U.S. regulatory policies.
