[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $94,191, Ethereum $1,811

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, Bitcoin is currently trading at $94,191 (approximately 135.48 million won), down 0.84% from the previous day.

Ethereum recorded a price of $1,811 (approximately 2.6 million won), up 0.54% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

The movement of top altcoins was mixed.

  • XRP -0.32%
  • BNB +0.63%
  • Solana -2.21%
  • Dogecoin -0.56%
  • Cardano -1.34%
  • TRON +4.16%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded $2.96 trillion (approximately 4,252 trillion won).

The cryptocurrency trading volume in the last 24 hours was compiled at $66.6 billion (approximately 95.8663 trillion won).

Bitcoin and Ethereum Market Share Changes

  • Bitcoin market share: 63.29% (decreased by -0.23% from the previous day)
  • Ethereum market share: 7.39% (increased by +0.07% from the previous day)

With Bitcoin's market share slightly decreasing, there is speculation that some funds may be moving to altcoins.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi market capitalization: $66.276 billion
  • DeFi trading volume (24 hours): $5.986 billion
  • 24-hour change rate: -25.74% decrease

The stablecoin market also contracted.

  • Stablecoin market capitalization: $223.258 billion (approximately 321 trillion won)
  • Stablecoin trading volume (24 hours): $61.017 billion (approximately 87.7641 trillion won)
  • 24-hour change rate: -39.54% decrease

The decrease in stablecoin trading volume is interpreted as reflecting volatility mitigation or market wait-and-see sentiment.

Derivatives Market (Futures & Options) Trading Volume Trends

  • Derivatives trading volume (24 hours): $852.6 billion (approximately 1,226 trillion won)
  • Change from previous day: -29.44% decrease

The derivatives market showed somewhat reduced short-term volatility with a decrease in trading volume compared to the previous day.

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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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