[Morning Stock Briefing] Cryptocurrency Market Downtrend… Bitcoin $107,689, Ethereum $2,524

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The cryptocurrency market is showing overall weakness and adjustment. According to TokenPost Market, Bitcoin is currently trading at $107,689.51 (approximately 147 million won), down 1.09% from the previous day.

Ethereum recorded $2,524.82 (approximately 3.44 million won), down 1.07% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins are also mostly showing a weak trend.

  • XRP -1.67%
  • BNB -0.78%
  • Solana -3.18%
  • Dogecoin -3.32%
  • Cardano -0.75%
  • TRON +0.14%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.3819 trillion (approximately 4,618 trillion won).

The 24-hour trading volume was counted at $101.6 billion (approximately 138.8367 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 63.27%, increasing 0.07% from the previous day.

Ethereum's market share is 9.01%, increasing 0.01% from the previous day, slightly expanding the proportion of these two major cryptocurrencies in the overall market.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat contracted downward trend.

  • DeFi Market Capitalization: $95.6 billion
  • DeFi Trading Volume (24 hours): $35.4 billion
  • 24-hour Change Rate: -1.63% Decline

In contrast, the stablecoin market showed increased demand with rising trading volume.

  • Stablecoin Market Capitalization: $230.7 billion (approximately 315 trillion won)
  • Stablecoin Trading Volume (24 hours): $95.8 billion (approximately 130 trillion won)
  • 24-hour Change Rate: +2.42% Increase

Derivatives Market (Futures and Options) Trading Volume Changes

The cryptocurrency derivatives market continues an active trend.

  • Derivatives Trading Volume (24 hours): $1.036 trillion (approximately 1,370 trillion won)
  • Change from Previous Day: +1.76% Increase

This is interpreted as reflecting traders' active response to short-term price volatility expansion.

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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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