[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $82,817, Ethereum $1,547

The cryptocurrency market shows a mixed trend as of the morning of June 8th (Korean time).

According to TokenPost Market, Bitcoin is trading at $82,817.36 (approximately 117.7 million won), up 3.19% from the previous day.

Ethereum is currently recording at $1,547.80 (approximately 2.19 million won), up 0.91% from the previous day.

Cryptocurrency market data / TokenPost Market

The movement of top-tier altcoins was mixed.

• XRP +0.82%▲
• BNB +1.07%▲
• Solana +4.81%▲
• Dogecoin +1.11%▲
• Cardano -0.17%▼
• TRON +3.03%▲

The strength of some altcoins like Solana and TRON stands out, partially recovering market investment sentiment.

The total cryptocurrency market capitalization recorded $2.6177 trillion (approximately 3,720 trillion won).

The total cryptocurrency trading volume over the past 24 hours was approximately $87.4 billion (approximately 124 trillion won).

Bitcoin's market share increased to 62.83%, up 0.46 percentage points from the previous day.

Ethereum is at 7.13%, down 0.11 percentage points from the previous day.

Market funds are moving back to major assets amid Bitcoin's strength.

The DeFi market showed some weakness.

• DeFi Market Capitalization: $62.2 billion (approximately 86 trillion won)
• DeFi Trading Volume (24 hours): Approximately $7.7 billion (approximately 10.9 trillion won)
• 24-hour Change Rate: -10.12%▼

Stablecoin trading volume is also declining.

• Stablecoin Market Capitalization: $218.4 billion (approximately 310 trillion won)
• Stablecoin Trading Volume (24 hours): $82.4 billion (approximately 117 trillion won)
• 24-hour Change Rate: -17.89%▼

This suggests that market risk aversion sentiment may be somewhat diminishing.

The cryptocurrency derivatives market also showed an overall decrease in trading volume.

• Derivatives Trading Volume (24 hours): Approximately $1.164 trillion (approximately 1,654 trillion won)
• Change from Previous Day: -17.44%▼

This indicates that traders may be turning to a wait-and-see stance amid volatility.

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