Bank of Korea launches 24-hour won settlement pilot for foreign investors, $BTC How will the market react?
According to CoinTelegraph, the market is abuzz after the news that the bank of korea launches 24-hour won settlement pilot for foreign investors. This is considered an important move that could directly affect the sentiment of holders $BTC in the short term.
Reaction of $BTC
Short-term uncertainty: The new information makes investors more cautious. Speculative capital into $BTC may slow down over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
Not causing major panic: This is not an unexpectedly negative shock to the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it does not create a strong sell-off wave.
Long-term trend depends on macro factors: In the long run, the price $BTC will still rely on core factors such as on-chain activity, ETF fund flows, TVL, and the overall sentiment in the crypto market. If the ecosystem continues to expand, prospects remain positive.
Do you think $BTC will surge strongly after this news? 👇
#Binancenews #xuhuong #CryptoNews
According to CoinTelegraph, the market is abuzz after the news that the bank of korea launches 24-hour won settlement pilot for foreign investors. This is considered an important move that could directly affect the sentiment of holders $BTC in the short term.
Reaction of $BTC
Short-term uncertainty: The new information makes investors more cautious. Speculative capital into $BTC may slow down over the next 24 hours, leading to sideways movement or a slight correction due to profit-taking pressure.
Not causing major panic: This is not an unexpectedly negative shock to the entire market. For those closely following the BTC ecosystem, this is a step within the development roadmap, so it does not create a strong sell-off wave.
Long-term trend depends on macro factors: In the long run, the price $BTC will still rely on core factors such as on-chain activity, ETF fund flows, TVL, and the overall sentiment in the crypto market. If the ecosystem continues to expand, prospects remain positive.
Do you think $BTC will surge strongly after this news? 👇
#Binancenews #xuhuong #CryptoNews