The cryptocurrency market experienced volatility at the end of the year due to macroeconomic variables. Bitcoin(BTC) and Ethereum(ETH) continued their downward trend, while Ripple(XRP) and Solana(SOL) attracted market attention due to major positive factors.
Recently, Bitcoin(BTC) declined by approximately 4~4.5% under the influence of overall market sell-off pressure and ETF fund outflows, with a current trading price of about 129.06 million KRW. However, it rose by 2.69% within 24 hours, showing signs of partial recovery. Historically, a year-end rally after halving events has occurred multiple times, and the market is closely watching whether this pattern will continue.
Ethereum(ETH) recently fell by about 9%, currently trading in the 4.36 million KRW range. It increased by 3.43% within 24 hours. Institutional participation is increasing, with Bitmain depositing approximately 75,000 ETH into the staking system, which is a typical example. Simultaneous selling and accumulation by large investors continue, with bidirectional supply and demand flows ongoing.
Ripple(XRP) remains relatively strong due to robust ETF fund inflows and reduced supply on major exchanges. The current price is 2,744 KRW, up 2.18% in 24 hours. XRP holdings on exchanges have fallen to multi-year lows, potentially forming the basis for a medium-term bullish structure. Analysts cautiously optimistic, noting that if funds continue to flow in, an upward reversal could occur before early 2026.
Solana(SOL) is currently trading at approximately 184,000 KRW and is under market attention amid low liquidity and instability. The “Alpen Glow Testnet,” scheduled for deployment on December 31, has sparked market interest, and this event may serve as a short-term catalyst for SOL prices.
The total market capitalization of cryptocurrencies is currently around 3,300 to 3,400 trillion KRW. Against the backdrop of low liquidity and year-end risk aversion, volatility is expanding. Upcoming releases of the FOMC meeting minutes and developments in China’s digital renminbi are expected to be the main market variables.
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