[Morning Market Update] Bitcoin 96.59 million won… Upbit Lombard surges 50%

Bitcoin fell 3.7% to 96.59 million Korean won on South Korean exchanges as of 9:00 a.m. on Nov. 13, with Ethereum down 2.0% to 2.73 million won amid a broad market pullback. Combined 24-hour trading volume on Upbit and Bithumb reached 1.5 trillion won, yet only 11 of the 32 tokens with more than 5 billion won in volume advanced, a 34% gain ratio. Lombard, listed on Upbit, was the top performer, surging 50.4% to 170 won on 25.6 billion won in volume, while Magma Finance rose 21.8% and Pocket Network gained 10.8%. Kaizen led decliners with an 18.0% drop and Caldera fell 10.0%. Bitcoin remained the most heavily traded asset by absolute volume at 144.4 billion won, and traders will watch whether the weak breadth persists across the large-cap leaders.