[Morning Stock Briefing] Cryptocurrency Market Mixed... Bitcoin $108,947, Ethereum $2,819

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, as of the current time (Korean time), Bitcoin is trading at $108,947.83 (approximately 149.42 million won), down 0.78% from the previous day.

Ethereum recorded a $2,819.69 (approximately 3.867 million won), up 1.76% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins mostly showed weakness.

  • XRP -0.10%
  • BNB -0.37%
  • Solana -0.76%
  • Dogecoin +0.47%
  • Cardano -0.55%
  • TRON -4.47%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.4348 trillion (approximately 4,711 trillion won).

The total trading volume over the past 24 hours was recorded at $135.1 billion (approximately 1,854 trillion won), indicating active market liquidity.

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 63.06%, decreasing 0.22% from the previous day.

Meanwhile, Ethereum rose to 9.91%, increasing 0.23% from the previous day, expanding its market share.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat contracted trend.

  • DeFi Market Capitalization: $98.1 billion
  • DeFi Trading Volume (24 hours): $39.5 billion
  • Change Rate: -2.29% Decline

The stablecoin market also experienced adjustment with decreased trading volume.

  • Stablecoin Market Capitalization: $233.7 billion (approximately 320 trillion won)
  • Stablecoin Trading Volume (24 hours): $128.9 billion (approximately 176 trillion won)
  • Change Rate: -10.45% Decrease

Derivatives Market (Futures & Options) Trading Volume Changes

The derivatives market showed somewhat slowed trading activity.

  • Derivatives Trading Volume (24 hours): $1.2388 trillion (approximately 1,699 trillion won)
  • Change Rate from Previous Day: -12.17% Decrease

This may indicate that investors have been adjusting positions to avoid short-term risks.

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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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