[Morning Stock Briefing] Cryptocurrency Market Downtrend… Bitcoin $104,000, Ethereum $2,511

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The cryptocurrency market is showing weakness. According to TokenPost Market, Bitcoin is currently trading at $104,386 (approximately 144.22 million won), down 4.08% from the previous day.

Ethereum (ETH) recorded a decline of 5.95%, trading at $2,511 (approximately 3.47 million won).

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins are showing a downward trend.

  • XRP -6.55%
  • BNB -1.84%
  • Solana -5.51%
  • Dogecoin -5.76%
  • Cardano -6.28%
  • TRON -2.20%

Market Capitalization and Trading Volume Trends

The altcoin market capitalization is $1.1737 trillion (approximately 1,621 trillion won), with a 24-hour trading volume of $82.4 billion (approximately 113.9559 trillion won).

The total cryptocurrency market capitalization recorded $3.2499 trillion (approximately 4,490 trillion won), with a 24-hour total trading volume of $141.1 billion (approximately 195 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 63.88%, increasing by +0.13% from the previous day. In contrast, Ethereum's share decreased by -0.16% to 9.34%.

DeFi and Stablecoin Market Trends

The DeFi market size is $87.3 billion, with a 24-hour trading volume of $34.2 billion, increasing by +8.13%.

The stablecoin market capitalization is $234.5 billion (approximately 324 trillion won), with a trading volume of $134.9 billion (approximately 186 trillion won), rising by +18.98% from the previous day.

Derivatives Market Trends

The cryptocurrency derivatives market is also showing activity. The 24-hour trading volume is $1.424 trillion (approximately 1,967 trillion won), significantly expanding market liquidity with an increase of +32.91% from the previous day.

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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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