Bitcoin trades sideways at 137 million KRW, XRP drops to the 2900 KRW range... SOL differentiation

The overall cryptocurrency market is showing weakness, with major coins such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all experiencing declines. In contrast, Solana (SOL) remains relatively strong, demonstrating a differentiated trend.

Bitcoin is currently trading around 1.37 billion KRW, down 2.16% from the previous day. It appears to have entered a short-term correction phase, with market analysts viewing the 1.3 billion KRW support level as an important technical zone.

Ethereum is trading near 4.73 million KRW, recording a 3.54% decline. The downward trend of the ETH/BTC ratio indicates that Ethereum is weaker compared to Bitcoin.

XRP is trading at 2,917 KRW, down 3.36%. Some believe it may continue to adjust in the short term to the 2,800 KRW range. Meanwhile, Solana remains stable around 196,000 KRW, with recent technical and ecosystem expansion acting as positive price factors.

The market as a whole is experiencing increased volatility influenced by macroeconomic variables. U.S. monetary policy and interest rate decisions are significantly impacting the cryptocurrency market. Experts emphasize the need for medium- to long-term investment strategies and risk management.

At the same time, major exchanges are strengthening leverage trading and risk management systems, with regulatory attention also increasing. This is seen as a positive development in terms of investor protection and market transparency.

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