As the cryptocurrency market sparked heated discussions due to a short-term surge of 101.45% in ALT, the dynamics of trading platforms have once again stirred up waves. Golden Finance reports that according to the official announcement of Upbit, the platform is about to launch the BTC and USDT trading pairs of HAEDAL, as well as the won and USDT trading pairs of ALT.
This time, Upbit has launched the Haedal-related trading pair, providing investors with new trading options. As a project token in the crypto market, HAEDAL, after establishing trading pairs with BTC and USDT, will be more convenient to exchange with mainstream assets, which is conducive to enhancing its market liquidity and popularity. For ALT, which has been in the spotlight recently, Upbit’s move to add trading pairs of South Korean won and USDT is undoubtedly a major boost. Previously, ALT briefly broke through $0.05, with an astonishing intraday increase. The launch of this new trading pair may attract more domestic and international investors in South Korea to participate in trading, further boosting its market heat and trading volume.
Upbit, as a leading cryptocurrency trading platform in South Korea, has a huge user base in the local area. Each time a new trading pair is launched, it often attracts market attention to the relevant currency and leads to capital inflows. Based on historical data, after Upbit launched new trading pairs in the past, some currencies would experience price fluctuations and a sharp increase in trading volume in the short term. For instance, the inclusion of HAEDAL and ALT in the trading pair this time is not only of great significance to the project’s own development, but also will inject new vitality into the Upbit platform and enhance its appeal in the highly competitive crypto trading market.
In the current crypto market where opportunities and risks coexist, the news of Upbit launching a new trading pair, combined with the previous sharp rise in ALT, has filled the market with expectations for the subsequent performance of these two currencies. After the new trading pairs of HAEDAL and ALT are launched, how will their price trends change and whether they will trigger a new round of investment boom? Golden Finance will continue to pay close attention and report on this. At the same time, when participating in transactions, investors still need to keep in mind the high risk of the crypto market and make investment decisions with caution.
Previously, whale investors in the crypto market withdrew 1.54 million US dollars of USDC from Binance to purchase 1.21 million FARTCOIN, driving up the market heat of FARTCOIN. Michael Saylor, co-founder of Strategy, hinted that he would purchase more Bitcoin when the traditional financial market opened on Monday, triggering discussions in the market about the safe-haven attributes of crypto assets. In the foreign exchange market, the euro against the US dollar saw a short-term decline due to the news that the European Commission might accept a 10% US tariff. The dynamics in various fields of the global financial market are intertwined, continuously attracting the attention of investors.
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