Bitcoin is showing a downward trend after finishing its upward rally in the high end of 57 million won.
According to Upbit on the 21st, as of 9:31 am, Bitcoin was 57.22 million won, down 0.78% from the previous day.
Bitcoin’s price has risen since the 19th and recorded a high of 57.9 million won in two days, showing a steep rise.
However, the bull market ended at 6 a.m. on the same day and turned into a downward trend. As the price surged in the short term, it appears to be undergoing a temporary price correction.
As the blacksmith faltered, altcoins also appear to be gaining strength in the downtrend.
Ada, which showed the largest increase, fell 1.22% from the previous day to 2,830 won on the day.
At the same time, it is trading at Ripple 1455 won (-1.69%), Dogecoin 378 won (-1.05%), and Ethereum Classic 8,370 won (-2.23%).