Bitcoin's strength continues, market cap dominance remains at 62.57%... What's next for ETH and XRP?

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Bitcoin, Up 3.38% Over 7 Days... Maintaining Market Dominance of 62.57%

Bitcoin (BTC) is currently trading at 120.03 million won, showing a recovery with a 3.38% increase over 7 days. The trading volume in the past 24 hours is approximately 36.636 trillion won, slightly decreased compared to the previous day. With a market capitalization of about 2,382 trillion won, it maintains a market share of 62.57%, firmly holding the center of the cryptocurrency market.

Market experts analyze that ETF expectations and institutional investment inflows are key factors maintaining BTC's strength.

Ethereum, Showing Signs of Rebound Despite Short-Term Decline

Ethereum (ETH) is currently trading at around 2.27 million won. It declined by 2.24% in the past 24 hours but showed a 0.65% increase in the last hour, signaling a short-term rebound. It has fallen by 7.01% over the week, with a market capitalization of about 274 trillion won, accounting for 7.19% of the total market.

Although it has declined by 17.26% over the past 30 days, 39.78% over 60 days, and 47.07% over 90 days, experts suggest that ETH is below its realized price, potentially offering an entry opportunity.

Ripple, Up 5.28% Weekly... Maintaining Momentum

Ripple (XRP) is currently trading at 3,074 won, rising 1.56% in the past 24 hours. It recorded a 5.28% increase on a weekly basis, continuing its strong trend. Trading volume increased by 5.72% to approximately 5.3416 trillion won, with a market capitalization of 179 trillion won and a market share of 4.70%.

Although showing a decline over 30, 60, and 90 days, it is positioned to potentially benefit from an overall market recovery in the short term.

Cryptocurrency Market Outlook

As the global market is influenced by political and economic policy changes, macroeconomic factors such as U.S. tariff policies are contributing to price volatility. If Bitcoin breaks through the 86,500-88,000 dollar resistance line, it is expected to gain upward momentum. For Ethereum, recovering the 1,750-1,850 dollar range is seen as a crucial point.

While market experts are focusing on the potential continuation of Bitcoin's strength, they emphasize the need to approach the uncertain global environment and technical variables with caution.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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