[Midnight Price Briefing] Cryptocurrency Market Mixed... Bitcoin $84,704, Ethereum $1,590

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The cryptocurrency market is showing mixed trends.

According to TokenPost Market, Bitcoin is currently trading at $84,704 (approximately 119.94 million won), down -0.56% compared to the previous day.

Ethereum recorded a price of $1,590 (approximately 2.25 million won), down -1.85% compared to the previous day.

Cryptocurrency price data
Cryptocurrency price data / TokenPost Market
Top Altcoin Price Changes

Most top-tier altcoins are declining.

  • XRP -2.17%
  • BNB -0.42%
  • Solana -2.15%
  • Dogecoin -1.29%
  • Cardano -2.68%
  • TRON +2.97%
Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $2.6611 trillion (approximately 3,768 trillion won).

The cryptocurrency trading volume over the past 24 hours was compiled at $69.9 billion (approximately 990 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.16% to 63.15% compared to the previous day.

Ethereum's market share decreased by 0.07% to 7.22%.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat declining trend.

  • DeFi Market Capitalization: $56.4 billion
  • DeFi Trading Volume (24 hours): $6.7 billion
  • 24-hour Change Rate: -7.27% Decline

The stablecoin market was generally contracted.

  • Stablecoin Market Capitalization: $218.9 billion (approximately 310 trillion won)
  • Stablecoin Trading Volume (24 hours): $64 billion (approximately 90 trillion won)
  • 24-hour Change Rate: -13.34% Decrease

The shrinking stablecoin market may be related to the overall trading contraction.

Derivatives Market (Futures and Options) Trading Volume Changes

The cryptocurrency derivatives (futures and options) market also showed active movements.

  • Derivatives Trading Volume (24 hours): $962.2 billion (approximately 1,362 trillion won)
  • Change Rate Compared to Previous Day: -15.52% Decrease

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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