Bitcoin surpasses 130 million KRW; BTC, ETH, XRP, and SOL rise simultaneously

The cryptocurrency market is showing an overall upward trend, with Bitcoin surpassing 1.3 billion KRW. Major altcoins have also joined the rally, injecting vitality into the entire market.

Bitcoin up 3.3% in 24 hours… Surpasses 1.3 billion KRW

Bitcoin rose 3.3% in 24 hours, breaking through 1.3 billion KRW. The current Bitcoin price is trading at 1,366,100,000 KRW, having emerged from the correction phase and showing renewed upward momentum. Experts analyze that institutional investor inflows and market stability are the driving forces behind the recent rise, suggesting that breaking through 1.5 billion KRW before the end of the year is possible.

Ethereum rises 4.5% to 4.77 million KRW… Upgrade expectations heat up

Ethereum is up 4.57%, trading at 4.77 million KRW. This reflects market anticipation for network improvements and ecosystem expansion, with continued positive assessments of increased efficiency and utility following the Ethereum 2.0 transition.

Ripple rises to 3,110 KRW… Regulatory risks ease

Ripple is up 1.71%, trading at 3,110 KRW. With the legal dispute between Ripple and the US Securities and Exchange Commission nearing its end, market uncertainty has eased. Institutional demand for its international remittance solutions also supports the price increase.

Solana surpasses 200,000 KRW… Records highest daily gain

Solana climbed to 203,000 KRW, posting the highest increase of the day. Network stability along with active dApp and DeFi projects have been positive factors. Low transaction fees and fast processing speeds have also received positive responses from investors.

Overall strength in the cryptocurrency market… Year-end rally anticipated

As the prices of leading cryptocurrencies like Bitcoin rise, market sentiment has improved. Institutional inflows, a more relaxed regulatory environment, and increasing real-world use cases form the backdrop for the rally. Market experts are optimistic about the possibility of this trend continuing until year-end, while also reminding investors to adopt cautious strategies.

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