Bitcoin Surpasses 1.4 Billion, Then Adjusts… Ethereum, Ripple, Solana Market Rebound Expected

This article is machine translated
Show original

Bitcoin Breaks Through 140 Million Won, Showing Slight Adjustment

Bitcoin (BTC) is currently trading at 144,190,000 won, up 1.74% in the past 24 hours. After recently reaching an all-time high, it is showing a temporary adjustment but maintaining an overall upward trend.

BTC, which had shown a decline due to heightened tensions between Israel and Iran, is forming a support line with stable institutional investor demand. While technical indicators RSI and MACD remain in a short-term weak zoneе, the key support level of 140 million won is being maintained.

Market experts that Bitcoin is strengthening its position as a digital gold investment asset uncertain global conditions" and "additional increases are expected if institutional advisory inflows continue".

Ethereum Trading Near 3.5 Million Won, Institutional Investment Expands

Ethereum (ETH) is currently trading at 3.49 million won, up 2.67% in the past 24 hours. After a short-term correction from its peak, it is quickly entering a recovery phase..

With news that BlackRock invested $500 million in ETH ETF, and Societe Generale launching a USD Coin-based stablecoin on Ethereum and Solana, institutional demand for Ethereum is increasing.

Technically, 3.47 million won is acting as a short-term support line, and if buying pressure emerges at this price point, the rebound is likely to>

Ripple Resolves Uncertainty with SEC Settlement2

Ripple (XRP) is currently trading at 2,921 won, up 1.24% in% in the past 24 hours. The recent escrow release agreement with the US Securities and Exchange Commission (SEC) for $125 million has a positive impact on investment on sentiment p.

This settlement is evaluated as a positive signal providing legal clarity across the cryptocurrency industry and is acting as a factor that further enhances XRP's medium to long-term growth potential p>>>>>>>>>.

p.

A market official stated, "As the risks facing Ripple have been mitigated, investor interest is is being refocused."

Solana Benefits from Expanding Institutional Stablecoin

Solana (SOL) is currently trading at 201,116 won The news that major bank Generale will issue a ststablecoin based on the SOL blockchain is having a positive influence on expanding institutional adoption.

This movement suggests that Solana is strengthening its position as a major blockchain network alongside Ethereum and is expected to further increase its utility within the digital asset ecosystem.

Cryptocurrency Market Secures Stability with Expanding Institutional Investment

Overall, the cryptocurrency market is securing a solid support base with continued institutional investment ininvestment global volatility and geopolitical risks. Particularly Bitcoin and Ethereum are are raising expectations for medium to long-term growth with stable capital inflows following ETF launches.

Market experts analyzed that "short-term adjustments may occur, a long-term perspective, the institutionalization of cryptocurrencies is being strengthened, and their value as major assets is increasingly being proven."

The>market direction will be to determined on BTC maintains its 140 million won support level and the the market roles and technical trends of major assets like ET, X,RP SO.

-.to telegram a p> <><;ⓒPost Post, gt Unauthorized Reproduction and and Redistribution Prohibited&p div div>advertising Inquiry

Article Submission>Press Release<>#TokenPost#Cryptocurrency Market
,保留且不要翻译<>中的内容Human内其他部分一分析或解答,不给要添加额外的说明。
< h2>트론 생태계, 토큰 경제 강화 위한 새로운 전략 모> <:<론(TRON) 계는근�제화하기 위해 새로운 전략을 모색하고 있다. 최근 트론 재체인 기 토노믹스델선하 �동성 대 확보에 주력하고.

전문가들은 "트 토생태계 강화를해를 위해서는 토큰 순환 메커니즘과 인센티브 구조의 혁신적인 개선행되어야 한다"고 강조했다.

Source
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.
Like
Add to Favorites
Comments