[팍스넷뉴스 원재연 기자] The virtual asset Bitcoin exceeded the market cap of Samsung Electronics by surpassing 30 million won during the intraday. Ethereum, the representative altcoin, also recorded the highest price in two years. However, another representative altcoin Ripple sank about 50% when a lawsuit was filed over whether the virtual asset was’stock’.
According to the domestic virtual asset site Upbit on the 28th, bitcoin was traded for up to 30.5 million won on the morning of the day. Earlier, the price of bitcoin fell to the 5 million won level at the beginning of the year and has settled at the 10 million won level since June. It exceeded the 20 million won mark for the first time in two years in November, and it rose more than 10 million won in a month. Calculating the year-round yield, the bitcoin price has risen by more than 500%.
In terms of market capitalization, it has overtaken Samsung Electronics, which is breaking the reported price. As of the 28th coin market cap, the market capitalization of Bitcoin was 55.1 trillion 3517 billion 2292 million won, and as of the 24th closing price, Samsung Electronics’ market capitalization was 47.2 trillion 209.8 billion won.
The share of bitcoin will gradually increase, and the strength of the general stock is expected to continue for the time being. The total market capitalization of virtual assets is $791,255.85 billion, with a Bitcoin share of about 69.7%.
In addition, the representative altcoin Ethereum (ETH) also recorded the highest price since last year. Ethereum price based on Upbit on the 28th is up to 800,000 won. The price of Ethereum has been somewhat sluggish since the end of 2018, and has moved sideways at 400,000 won for about one year. However, since June this year, Ethereum-based Defi (decentralized finance) services have increased, the demand for Ethereum has increased, and the price is also on a continuous upward curve.
However, other representative virtual asset Ripple (XRP) has been struggling with a decline of more than 50% over the past week. Ripple (XRP) price fell below 400 won for about two years, but recorded a maximum of 850 won with the bull market in November. However, on the 22nd, the US Securities and Exchange Commission (SEC) reported a virtual asset XRP issued by Ripple as’unregistered securities’ and filed a lawsuit against Ripple.
Meanwhile, the Korean premium, where domestic prices are somewhat different from international prices, has a somewhat gap. The Korean premium of the bitcoin price by domestic exchange is 1.44% for Bithumb, 1.46% for Upbit, and 1.5% for Coinone, which are trading higher than global market prices.
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