Bitcoin Rises 2.68% in 24 Hours... Surpassing 140 Million Won
Bitcoin (BTC) has risen 2.68% in 24 hours, breaking through 140 million won. Stably crossing the important support level of 130 million won, it continues its upward trend. Market experts analyze that if the current upward momentum is maintained, there is potential for a short-term rise to 150 million won.
Steady inflows from institutional investors and reduced selling pressure from long-term holders are acting as factors for the rise, and Bitcoin is drawing attention as a safe asset even amid global economic uncertainty.
Ethereum Joins Bitcoin's Rise
Ethereum (ETH) is currently trading at 3.36 million won, rising 2.25% in 24 hours. With continuous network upgrades and technical improvements, investor interest is increasing, and it is moving in sync with Bitcoin's upward trend.
The market expects that if ETH maintains its current price level, there is a possibility of breaking through 3.5 million won in the short term, and the growth in the DeFi sector is expected to have a positive impact in the medium to long term.
Ripple and Solana Also Show Strong Momentum
Ripple (XRP) rose to 2,943 won, recording a 2.84% increase in 24 hours. With legal issues partially easing, investment sentiment is recovering, and experts believe that if XRP breaks through 3,000 won, additional upward momentum will be generated.
Solana (SOL) is currently trading around 200,000 won, showing an upward trend. Due to fast transaction processing and low fees, its actual usability is increasing, and these factors are driving its price.
Market Recovery... Improvement in Investment Sentiment
With the overall cryptocurrency market recovering, investors' sentiment is improving. The strength of major cryptocurrencies is having a positive impact on the entire market, and interest in digital assets is expanding.
Experts emphasize that global economic indicators and monetary policies of each country can have a decisive impact on market trends, and advise paying particular attention to institutional investors' responses to Bitcoin and regulatory changes.
Investors should thoroughly manage risks considering the unique high volatility of cryptocurrencies and adopt a strategic trading approach centered on major support and resistance levels.
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