[Morning Stock Briefing] Cryptocurrency Market Mixed... Bitcoin $108,879, Ethereum $2,552

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The cryptocurrency market showed mixed trends. According to TokenPost Market, Bitcoin (BTC) is currently trading at $108,879.53 (approximately 148.7 million won), up 0.54% from the previous day.

Ethereum (ETH) recorded $2,552.22 (approximately 3.485 million won), up 0.40% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins showed mixed trends.

  • XRP +0.99%
  • BNB +1.54%
  • Solana +0.33%
  • Dogecoin -1.55%
  • Cardano -1.60%
  • TRON -0.10%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded approximately $3.4236 trillion (about 4,675 trillion won).

The trading volume over the past 24 hours was approximately $98.7 billion (about 134.8 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased to 63.19%, up 0.10% from the previous day.

Ethereum's market share remained at 9.00%, unchanged from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market recorded a slight decline.

  • DeFi Market Capitalization: $9.689 billion
  • DeFi Trading Volume (24 hours): $36.031 billion
  • 24-hour Change Rate: -19.93%

Meanwhile, the stablecoin market also showed a decrease in trading volume.

  • Stablecoin Market Capitalization: $230.966 billion (about 315 trillion won)
  • Stablecoin Trading Volume (24 hours): $93.606 billion (about 127.8 trillion won)
  • 24-hour Change Rate: -42.06%

Derivatives Market (Futures and Options) Trading Volume Changes

Cryptocurrency derivatives trading volume was $986.3 billion (about 1,347 trillion won), a 40.50% decrease from the previous day. This is interpreted as reflecting traders' short-term position adjustments and risk aversion movements.

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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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