As of 1 p.m. on the 5th, Bitcoin was trading at 24/7 on CoinMarketCap, a global coin market relay site.
It recorded a 7.56% surge to $100,308 (approximately 15.05 million yen). As a result, the total market capitalization has exceeded $2 trillion (approximately 300 trillion yen), making it the seventh largest asset in the world.
In comparison, Ripple has fallen 12.08% from 24 hours ago to $2.25 (approximately JPY 337).
This is analyzed as being due to the shock of martial law in South Korea.
Market unrest continues after the Cuyoles government declared martial law on the 3rd. Martial law was lifted after six hours, but repercussions are still felt today.
Ripple also continued to struggle the previous day, plummeting by more than 9%.
Recently, Ripple has been bought up by Koreans, and on the 3rd of last month, its price soared to $2.84, making it the third most valuable cryptocurrency by market capitalization.
In particular, on the 2nd, Ripple trading volume on Upbit, South Korea's largest cryptocurrency exchange, reached $4 billion. This is more than 27% of the total trading volume on the exchange.
However, since President Yoon Seok-youl declared martial law late on the 3rd, it has been falling sharply. If political risks in South Korea are not resolved to some extent, Ripple may not be able to rebound.
It appears that the device cannot be grasped.
2024/12/05 14:34 KST
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