[Afternoon Market Briefing] Cryptocurrency Market Rising… Bitcoin $109,330, Ethereum $2,551

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The cryptocurrency market is showing an overall upward trend. According to TokenPost Market, Bitcoin is currently trading at $109,330 (approximately 148.93 million won), up 1.05% compared to the previous day.

Ethereum recorded $2,551 (approximately 3.475 million won), up 1.50% from the previous day.

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Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins also generally showed an upward trend.

  • XRP +0.87%
  • BNB +0.59%
  • Solana +1.85%
  • Dogecoin +0.97%
  • Cardano +2.19%
  • TRON +0.45%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $343.16 billion (approximately 4,674.76 trillion won).

The cryptocurrency trading volume over the past 24 hours was compiled at $10.109 billion (approximately 137.72 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 63.31%, a decrease of 0.0067% compared to the previous day.

Ethereum's market share increased to 8.98%, up 0.0374%. This suggests an increase in Ethereum-related investment demand.

DeFi and Stablecoin Market Trends

The DeFi market showed a slight downward trend.

  • DeFi Market Capitalization: $9.802 billion
  • DeFi Trading Volume (24 hours): $3.388 billion
  • 24-hour Change Rate: -4.29%

Meanwhile, the stablecoin market showed an expanding trend.

  • Stablecoin Market Capitalization: $230.799 billion (approximately 314.40 trillion won)
  • Stablecoin Trading Volume (24 hours): $95.546 billion (approximately 130.16 trillion won)
  • 24-hour Change Rate: +3.42%

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1,017.236 billion (approximately 1,385.72 trillion won)
  • Change from Previous Day: +2.17%

This shows that traders have increased their interest in derivatives while responding to short-term price volatility.

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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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