The representative of the cryptocurrency market, Bitcoin, continues its year-end upward trend, breaking through 128 million Korean won. Bitcoin, which has risen 1.5% in 24 hours and broke out of the range in mid-December, has gained upward momentum.
Despite decreased trading volume and reduced volatility, Bitcoin remains stable. Dragonfly’s Hashlib Kureši predicts that Bitcoin’s price could rise above 150 million Korean won by the end of 2026, but also notes that its market dominance may weaken.
Spot Bitcoin ETF experienced an outflow of approximately 1.1 trillion Korean won, and experts analyze that the reason for the capital withdrawal is the implementation of loss realization strategies for tax optimization at year-end.
Ethereum rebounded from the $2800 support level, breaking through 4.3 million Korean won, with a 1.8% increase in 24 hours. Over the past month, spot Ethereum ETF saw an outflow of about 612 billion Korean won, with a single-day net outflow of 9.6 billion Korean won on December 29. However, fund inflows from Fidelity partially offset outflows from BlackRock, leading to divergence in fund flows among issuers.
Ripple is trading at around 2,700 Korean won, with a slight increase of 0.66% in 24 hours. The US-listed XRP spot ETF has maintained 29 consecutive days of capital inflow, with total inflows exceeding 1 trillion Korean won.
Solana is currently trading steadily at the 180,000 Korean won level. Although on-chain activity has slightly decreased, trading volume remains high. The overall cryptocurrency market cap has increased by 0.7% to 3,060 trillion Korean won, with a 24-hour trading volume of 95.5 trillion Korean won.
On the other hand, Russia is strengthening regulation of Bitcoin mining infrastructure, which is seen as part of the global cryptocurrency regulatory environment changes.
TokenPost AI Notice
This article is generated based on the TokenPost.ai language model. The summary may omit key content or be inconsistent with facts.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A whale that chased BTC higher within the day cut a long position of $17.6 million for a stop-loss; the position was closed at $71,463.
On April 10, Hyperinsight detected that Hyperliquid’s BTC main long address 0x1e9 closed out 247 BTC at $71,463, incurring a loss of about $180k. It chose to cut losses due to the BTC price pullback.
GateNews23m ago
Strategy Q1 Adds 89,599 BTC, Why Are Corporate Treasury and BTC ETF Funds Moving in Opposite Directions?
Strategy In Q1, bought 89,599 BTC, while Bitcoin ETFs saw nearly $500 million in outflows year over year, marking a historic divergence in capital between the two types of institutions.
InstantTrends1h ago
Thailand Tightens Crypto Rules While Expanding Bitcoin Products
Hidden Funders Face Shareholder-Level Scrutiny
Thailand is moving to tighten control over crypto ownership structures while expanding regulated market access. Authorities plan to track hidden financiers and restrict illicit capital flows. At the same time, regulators are opening pathways for
CryptoBreaking1h ago
