[Morning Stock Briefing] Cryptocurrency Market Downtrend… Bitcoin $106,000, Ethereum $2,640

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The cryptocurrency market is showing a downward trend. According to TokenPost Market, Bitcoin is currently trading at $106,050.27 (approximately 143.71 million won), down 2.65% from the previous day.

Ethereum recorded a price of $2,640.83 (approximately 3.578 million won), down 6.31% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Major Altcoin Price Trends

Top-tier altcoins are mostly showing a downward trend.

  • XRP -4.90%
  • BNB -2.19%
  • Solana -6.17%
  • Dogecoin -7.53%
  • Cardano -6.33%
  • TRON -2.62%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded approximately $3.32 trillion (approximately 4,496 trillion won).

The cryptocurrency trading volume in the last 24 hours was counted at $126.2 billion (approximately 171 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.47% to 63.52%.

Ethereum's market share decreased by 0.30% to 9.60%.

DeFi and Stablecoin Market Trends

The DeFi market continued to show a slight downward trend.

  • DeFi Market Capitalization: $92.4 billion
  • DeFi 24-hour Trading Volume: $36.6 billion
  • 24-hour Change Rate: -7.39%▼ Decline

The stablecoin market also showed a decrease.

  • Stablecoin Market Capitalization: $233.8 billion (approximately 317 trillion won)
  • Stablecoin Trading Volume (24 hours): $121.7 billion (approximately 164 trillion won)
  • 24-hour Change Rate: -5.51%▼ Decrease

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.2615 trillion (approximately 1,709 trillion won)
  • Change from Previous Day: +1.83%▲ Increase

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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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