[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $106,000, Ethereum $2,645

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, as of June 2024, Bitcoin is trading at $106,289 (approximately 145.76 million won), down 0.94% from the previous day.

Ethereum recorded $2,645 (approximately 3.62 million won), up 0.46% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins showed mixed movements.

  • XRP +0.84%
  • BNB -1.35%
  • Solana -1.98%
  • Dogecoin -0.70%
  • Cardano -1.30%
  • TRON +0.26%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.3647 trillion (approximately 4,614 trillion won). The trading volume in the past 24 hours was $158.7 billion (approximately 217.7135 trillion won).

Bitcoin and Ethereum Market Share Changes

  • Bitcoin market share: 62.77% (decreased -0.15% from the previous day)
  • Ethereum market share: 9.49% (increased +0.11% from the previous day)

DeFi and Stablecoin Market Trends

  • DeFi market capitalization: $95.2 billion
  • DeFi trading volume (24 hours): $65.2 billion
  • 24-hour trading volume change rate: +62.03%
  • Stablecoin market capitalization: $230.6 billion (approximately 316 trillion won)
  • Stablecoin trading volume (24 hours): $127.6 billion (approximately 175 trillion won)
  • 24-hour trading volume change rate: +14.19%

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives trading volume (24 hours): $1.2989 trillion (approximately 1,781 trillion won)
  • Change from the previous day: +20.74%

This suggests that investors are actively engaging in futures and options trading to respond to short-term price fluctuations.

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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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