[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $117,097, Ethereum $3,742

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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 $117,097.03 (approximately 162.13 million won), down -0.94% from the previous day.

Ethereum recorded $3,742.38 (approximately 5.18 million won), down -0.10% during the same period.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins generally showed an upward trend.

  • XRP +0.96%
  • BNB +1.13%
  • Solana +9.72%
  • Dogecoin -1.68%
  • Cardano +2.80%
  • TRON -0.22%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $390.15 billion (approximately 540.2 trillion won). The total cryptocurrency trading volume over the past 24 hours reached $20.69 billion (approximately 286 trillion won), maintaining market liquidity.

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 59.69%, down -0.43% from the previous day. Ethereum's share is 11.57%, up +0.01% from the previous day.

The decline in Bitcoin's market share suggests that some funds are being distributed to altcoins.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $118 billion
  • DeFi Trading Volume (24 hours): $50.8 billion
  • 24-hour Change Rate: +9.16%▲
  • Stablecoin Market Capitalization: $244.6 billion (approximately 338 trillion won)
  • Stablecoin Trading Volume (24 hours): $196.2 billion (approximately 271 trillion won)
  • 24-hour Change Rate: +12.09%▲

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.86 trillion (approximately 257.5 trillion won)
  • Change from Previous Day: +13.88%▲

The inflow of trading into the derivatives market can be interpreted as investors strengthening their risk response strategies.

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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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