[Morning Stock Briefing] Cryptocurrency Market Rising… Bitcoin $108,853, Ethereum $2,600

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The cryptocurrency market is showing an upward trend. According to TokenPost Market, Bitcoin is currently trading at $108,853.99 (approximately 147,455,777 won), up 2.45% from the previous day.

Ethereum recorded $2,600.30 (approximately 3,522,429 won), up 2.60% from the previous day.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins are rising.

  • XRP +1.04%
  • BNB +1.12%
  • Solana +1.63%
  • Dogecoin +0.79%
  • Cardano +1.52%
  • TRON +2.03%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3,390.4 billion (approximately 4,592.7992 trillion won). The cryptocurrency trading volume in the past 24 hours was calculated at $11.104 billion (approximately 150.422 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.22% to 63.83%, and Ethereum's market share increased by 0.04% to 9.26% compared to the previous day.

DeFi and Stablecoin Market Trends

The DeFi market showed a slight upward trend.

  • DeFi Market Capitalization: $92.2 billion
  • DeFi Trading Volume (24 hours): $35.6 billion
  • 24-hour Change Rate: +15.64% increase

The stablecoin market showed a decline.

  • Stablecoin Market Capitalization: $233.3 billion (approximately 316 trillion won)
  • Stablecoin Trading Volume (24 hours): $106.5 billion (approximately 144 trillion won)
  • 24-hour Change Rate: -33.62% decrease

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1,066.6 billion (approximately 1,444 trillion won)
  • Change from Previous Day: +55.22% increase

The active trading in the derivatives market indicates that investors are actively responding 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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