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South Korea's stock market suddenly halts trading! At a critical moment, traditional finance instead shows its true strength
A shocking scene unfolded in South Korea's stock market.
Due to system issues, the market experienced anomalies, and some trades were temporarily suspended.
Many investors were instantly confused.
Cryptocurrency markets operate 24/7, while traditional finance, although having trading halts, actually demonstrates another advantage.
When extreme market conditions occur, pausing trading can prevent a stampede and cool down the market.
This is also why the circuit breaker system has been in place in the U.S. stock market for many years.
Some say halts restrict freedom.
But more institutions believe it is a protective mechanism.
Especially when panic spreads, it gives everyone a moment of calm.
Looking at the crypto market, there is no pause button.
During crashes, robots and leverage often cause chain reactions of sell-offs.
This unexpected incident in the Korean market has once again sparked discussions about which is safer—TradFi or crypto.
Perhaps the best answer in the future is not who replaces whom, but rather a mutual integration. #韩国KOSPI暴跌触发熔断