ON coinmarketcap, it shows that most of the new money into crypt is coming from the korean currency KRW. So it looks like their involvement is currently fueling the crypto pricing but is this sustainable?
what websites such as coinmarketcap.com report is what they get directly from the exchanges. and these exchange can report anything they like. nobody is stopping them and nobody is watching them, so they report higher volumes. by doing that they simply stay on top of the tables that lists exchanges. => free advertisement.
it is also the fact that those Korean exchanges have 0 fees and that always increases the volume a lot.
here is a fun website to watch things live:
http://fiatleak.com/