[Morning Stock Briefing] Cryptocurrency Market Mixed... Bitcoin $109,813, Ethereum $2,771

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The cryptocurrency market shows a mixed trend as of the morning of the 6th. According to TokenPost Market, Bitcoin (BTC) is currently trading at $109,813.13 (approximately 150.01 million won), up +0.85% from the previous day.

Ethereum (ETH) is showing strength, recording $2,771.05 (approximately 3.78 million won), up +6.64% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

The movement of top altcoins was generally strong.

  • XRP -0.46%
  • BNB +1.23%
  • Solana +4.80%
  • Dogecoin +4.04%
  • Cardano +3.13%
  • TRON +0.81%

Market Capitalization and Trading Volume Trends

  • Total Cryptocurrency Market Cap: $3,454.4 billion (approximately 4,719 trillion won)
  • 24-hour Total Trading Volume: $150.5 billion (approximately 205 trillion won)

Bitcoin and Ethereum Market Share Changes

  • Bitcoin Market Share: 63.26% (-0.56% decrease)
  • Ethereum Market Share: 9.70% (+0.44% increase)

DeFi and Stablecoin Market Trends

  • DeFi Market Cap: $98.9 billion
  • DeFi Trading Volume (24 hours): $40.5 billion
  • 24-hour Change Rate: +13.57%
  • Stablecoin Market Cap: $233.5 billion (approximately 319 trillion won)
  • Stablecoin Trading Volume (24 hours): $144.1 billion (approximately 196 trillion won)
  • 24-hour Change Rate: +35.33%

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1,410.7 billion (approximately 1,927 trillion won)
  • Change from Previous Day: +32.29%

With the significant increase in cryptocurrency derivatives market trading volume, there is a noticeable increase in short-term liquidity and speculative demand. It is also noteworthy that the derivatives market has been activated in conjunction with Ethereum's strong rebound.

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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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