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.
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