Nevertheless, there is an analysis that the attraction of virtual currency is diminishing as the crisis in the US banking sector gradually recedes.
|▲ On the afternoon of the 18th, most of the top 10 cryptocurrency prices rise. Analysis that the attractiveness of virtual currency is diminishing as the crisis in the US banking sector gradually subsides. The picture is a virtual Bitcoin image.|
As of 3:54 pm on the 18th in the virtual currency exchange Bithumb, Bitcoin is trading at 39 million won, down 0.47% per 1 BTC (Bitcoin unit) from 24 hours ago.
Most of the top 10 cryptocurrencies by market capitalization traded on Bithumb are on the rise.
Ethereum is bought and sold at 2,763,000 won, up 0.69% per 1 ETH (Ethereum unit), and Binance Coin, down 0.46%, at 453,300 won, respectively.
Additionally, Ripple (0.73%), Ada (0.88%), Dogecoin (4.44%), Polygon (1.05%), Polkadot (1.88%), and Avalanche (4.26%) were trading at a higher price than 24 hours ago It’s coming.
On the other hand, Solana (-0.88%) and others are trading lower than 24 hours ago.
“As the risk of banking disruption disappears, virtual currencies are losing their appeal,” said CoinDesk, a media outlet specializing in virtual currencies.
“You will see serious deposit outflows from small and medium-sized banks, but the focus will be on bank profitability, not bank solvency,” Edward Moya, a market analyst at foreign exchange trading firm Oanda, wrote in an email to CoinDesk. ‘reported earnings, and emergency lending is also falling,” he said. Reporter Cho Yoon-ho