In South Korea, Bitcoin experienced its first discount in four months at 1.19% due to uncertainty from trade tensions linked to President Trump. The KOSPI index also fell by 1.3%, indicating market instability. However, Bitcoin quickly turned around to trade at a 2% premium.
Standard Chartered projects that XRP might soar 500% by 2028, potentially surpassing Ethereum’s market cap due to increased institutional adoption and regulatory advancements. This comes on the heels of anticipated ETF approvals expected to significantly enhance investor inflows.
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