[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $108,000, Ethereum $2,500

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, as of now (June 2024), Bitcoin is trading at +0.92% higher than the previous day at $108,076 (approximately 148.59 million won).

In contrast, Ethereum recorded a -0.52% decline at $2,505 (approximately 3,448,862 won).

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Major altcoins generally showed strength.

  • XRP +1.16%
  • BNB +3.11%
  • Solana +0.50%
  • Dogecoin +1.21%
  • Cardano +2.42%
  • TRON -1.26%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.39 trillion (approximately 4,670 trillion won). The total cryptocurrency trading volume over the past 24 hours was counted at $167 billion (approximately 229 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by +0.04% to 63.25%. In contrast, Ethereum's share dropped by -0.13%p to 8.90%.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat upward trend. The market capitalization was $84.7 billion, with a 24-hour trading volume of $38.1 billion, which represents a +6.29% increase from the previous day.

The stablecoin market capitalization was $229.3 billion (approximately 315.3 trillion won), with a 24-hour trading volume of $157.6 billion (approximately 216.7 trillion won), increasing by +34.96%.

Derivatives Market (Futures & Options) Trading Volume Changes

The cryptocurrency derivatives (futures & options) market was also active. The 24-hour trading volume was $1.854 trillion (approximately 2,548 trillion won), increasing by +39.20% from 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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