Major virtual assets are on the rise.
As of 12:59 PM on the 28th, based on Bithumb, BTC rose 0.74% from the previous day to 13,262,100,000 won. Ethereum (ETH) rose 2.13% to 104,000 won, Solana (SOL) rose 0.3% to 333,600 won, BNB rose 2.96% to 905,500 won, and XRP rose 0.99% to 2,032 won.
The international market is also on the rise.
At the same time, on CoinMarketCap, BTC recorded $95,584.29, up 3.12% from the previous day. ETH rose 7.32% to $3,606.15, SOL rose 3.64% to $240.08, BNB rose 5.67% to $651.21, and XRP rose 7.14% to $1.46.
The total market capitalization of virtual assets increased by 0.91% from the previous day to about $3.31 trillion (about 462.098 trillion won). The Crypto Fear and Greed Index of alternative.me, a virtual asset data company, rose 2 points from the previous day to 77 points, indicating 'extreme greed'.
Based on a single company, the stock price of MicroStrategy, which holds the most BTC in the world, has fallen 27.42% over the past 5 trading days.
On the 27th (local time), CoinDesk reported that MicroStrategy's stock price fell due to Citron Research's short-selling declaration and the impact of the BTC price decline. MicroStrategy recorded an all-time high by rising 600% from the beginning of the year on the 21st, but has fallen 27.42% over the past 5 trading days, closing at $388.84 on the 27th (local time).
However, there is also an analysis that the upward trend of MicroStrategy's stock price will continue in the long term. Covesi Letter, a market data analysis company, said, "On the 20th, individual investors bought $42 million worth of MicroStrategy common stock, which is 8 times the average purchase price last month." This means that investors who expect a rise in BTC prices are considering the decline in MicroStrategy's stock price as a low-price buying opportunity.
- Hae-yeon Kang, Reporter
- haeyeon41@rni.kr
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