[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $104,000, Ethereum $2,400

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, Bitcoin is currently trading at $104,231.80 (approximately 145.83 million won), up +0.85% from the previous day.

Ethereum recorded $2,399.62 (approximately 3.35 million won), down -3.50% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

The movement of top altcoins was mixed.

  • XRP +0.93%
  • BNB -0.08%
  • Solana +0.09%
  • Dogecoin +3.25%
  • Cardano -1.62%
  • TRON -2.17%

Market Capitalization and Trading Volume Trends

The altcoin market capitalization is $1,216.9 billion (approximately 1,702 trillion won).

The 24-hour trading volume recorded $68.1 billion (approximately 95 trillion won).

The total cryptocurrency market capitalization showed $3,287.3 billion (approximately 4,599 trillion won),

and the total cryptocurrency trading volume over the past 24 hours reached $113.2 billion (approximately 158 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 62.98%, increasing +0.35% from the previous day.

Ethereum's market share is 8.81%, decreasing -0.34% from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat upward trend.

  • DeFi Market Capitalization: $82.216 billion
  • DeFi Trading Volume (24 hours): $34.373 billion
  • 24-hour Change Rate: +13.53%

The stablecoin market also expanded in terms of trading volume.

  • Stablecoin Market Capitalization: $228.3 billion (approximately 319 trillion won)
  • Stablecoin Trading Volume (24 hours): $104.9 billion (approximately 146 trillion won)
  • 24-hour Change Rate: +18.75%

The expansion of the stablecoin market suggests that investors are moving to assets with lower volatility.

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.22 trillion (approximately 1,706 trillion won)
  • Change from Previous Day: +17.83%

The cryptocurrency derivatives market also showed active trading, with increased liquidity.

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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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