Ravencoin ($RVN ) experienced a significant surge, climbing approximately 94% following its listing on South Korea's Upbit exchange. Trading commenced on June 5, 2025, at 5:00 PM KST, with RVN paired against the Korean Won (KRW).
This substantial price increase underscores the impact that major exchange listings can have on altcoin valuations, particularly when introduced to new markets with high trading volumes.
In contrast, Bitcoin (BTC) experienced a slight decline, trading below $105,000. As of the latest data, BTC is priced at approximately $104,877, marking a decrease of about 0.75% over the past 24 hours.
The divergent movements of RVN and BTC highlight the unique dynamics of the cryptocurrency market, where individual assets can respond differently to market events and listings.