The cryptocurrency market continues its upward momentum amid extreme panic at the beginning of 2026. Notably, Bitcoin (BTC) breaking through 13 million Korean won demonstrates strong performance, supported by sustained institutional buying.
Bitcoin is currently trading at 13,025,000 Korean won, up 1.7% in the past 24 hours. The market interprets the purchase of 8,888.88 BTC with Tether as a signal of institutional confidence. If it breaks through the so-called “Gandalf line,” an important resistance level in the industry, further upside potential is expected to expand.
Ethereum (ETH) is trading near the 4.5 million Korean won level, recording a 3.6% increase over the past 24 hours. Similar to Bitcoin, Ethereum is testing technical resistance lines, with on-chain indicators such as the “Staking Flip” trend attracting attention.
Ripple (XRP) rose 7.9% to 2,938 Korean won, while Solana (SOL) maintained its upward trend at 191,706 Korean won. Particularly, Ripple may face significant price volatility due to upcoming regulatory events such as the “Clear Bill” vote scheduled for January 15.
Market analysts emphasize that the upward trend may continue until January 15, but regulatory and policy-related variables could increase market volatility. Therefore, investors should closely monitor resistance line breakthroughs for BTC and ETH, as well as future risk factors.
TokenPost AI Notice
This article summary is generated using the TokenPost.ai language model. There may be omissions of main content or discrepancies with actual 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
Robert Kiyosaki warns of the risk of market collapse, prioritizing Bitcoin and real assets.
Robert Kiyosaki advocates for long-term investment in non-inflatable assets like oil, real estate, and cryptocurrencies amid market downturn concerns. He focuses on accumulating tangible assets, aiming to prosper during economic crises, and has recently resumed buying before a predicted market collapse in 2026.
TapChiBitcoin37m ago
HUT 8 builds a flexible data center for AI and Bitcoin
Hut 8 is implementing a modular infrastructure strategy to flexibly switch between Bitcoin mining and AI tasks, optimizing capital efficiency amidst data center expansion. This approach enhances profitability and mitigates dependence on volatile crypto markets, despite increasing operational complexity.
TapChiBitcoin45m ago
Glassnode: The accumulation structure for Bitcoin between $60,000 and $70,000 is taking shape, but the strength is far less than the previous highs.
According to Glassnode's report, the cost basis for short-term Bitcoin holders is at the lower range of $60,000-$70,000, indicating accumulation signals, but the strength is still insufficient. BTC has accumulated over 429,000 in this range, and this area is considered a high-confidence support zone. The options market indicates that short-term volatility may intensify.
動區BlockTempo49m ago
USD/JPY Hits 160 Again – Is a Bitcoin Crash Coming Next?
_USD/JPY crosses 160 for the first time since July 2024, raising attention from global investors._
_July 2024 BOJ intervention dropped USD/JPY 20 points, Bitcoin 30%, and S&P 500 10%._
_Strengthening yen raises borrowing costs for leveraged investors, affecting stocks and crypto
LiveBTCNews1h ago
The cryptocurrency fear index has dropped to 9, with the market continuing to maintain "extreme fear."
The current cryptocurrency market fear and greed index has dropped to 9, indicating extreme fear in the market, well below yesterday's 12 and last month's average of 13. This index consolidates multiple indicators to assess market sentiment.
BlockBeatNews2h ago
