South Korean President Yoon Suk Yeol reversed his martial law declaration after six tense hours at the National Assembly. This decision brought relief to the crypto markets, which began to rebound.
The initial declaration had sparked concerns about political instability, affecting investor confidence and causing fluctuations in the crypto markets.
Such government decisions can have significant impacts on financial markets, highlighting the interconnectedness of politics and economics.
Source: cointelegraph.com ↗