[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $108,618, Ethereum $2,635

This article is machine translated
Show original

The cryptocurrency market is showing mixed trends. According to TokenPost Market, Bitcoin is currently trading at $108,618 (approximately 149.52 million won), up +0.27% from the previous day.

Ethereum recorded $2,635 (approximately 3.62 million won), up +3.86% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins are showing an upward trend.

  • XRP +1.05%
  • BNB +1.61%
  • Solana +1.30%
  • Dogecoin +0.23%
  • Cardano +0.21%
  • TRON +1.83%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded approximately $3.43 trillion (about 4,721 trillion won).

The cryptocurrency trading volume in the last 24 hours was recorded at $127.7 billion (about 175.81 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 62.98%, a 0.34% decrease from the previous day.

Ethereum's market share is 9.29%, a 0.28% increase from the previous day.

With the decrease in Bitcoin's market share, some funds are flowing into Ethereum and altcoins.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $98.6 billion
  • DeFi Trading Volume (24 hours): $41.4 billion
  • 24-hour Change Rate: +8.57% increase
  • Stablecoin Market Capitalization: $230.8 billion (about 318 trillion won)
  • Stablecoin Trading Volume (24 hours): $121.7 billion (about 167 trillion won)
  • 24-hour Change Rate: +20.78% increase

The increase in stablecoin trading volume is interpreted as investors' preference for stable assets due to volatility concerns.

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.255 trillion (about 1,727 trillion won)
  • Change from Previous Day: +24.52% increase

The derivatives market is also seeing active trading, with investors expanding their movements to seek short-term profits.

Real-time news...Go to TokenPost Telegram

<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>

Source
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.
Like
Add to Favorites
Comments