[Evening Price Briefing] Cryptocurrency Market Mixed... Bitcoin $117,852, Ethereum $3,691

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, based on the current cryptocurrency exchange rate, Bitcoin is trading at $117,852.84 (approximately 163.55 million won), down -1.13% from the previous day.

Ethereum recorded $3,691.90 (approximately 5.12 million won), down -2.63%.

Cryptocurrency market data

Cryptocurrency market data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed a downward trend.

  • XRP -2.65%
  • BNB -0.90%
  • Solana +5.10%
  • Dogecoin -2.86%
  • Cardano -0.96%
  • TRON -1.72%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.8987 trillion (approximately 5,410 trillion won).

The total market trading volume over 24 hours was counted at $217.5 billion (approximately 301.9004 trillion won).

Bitcoin and Ethereum Market Share Changes

  • Bitcoin's market share increased to 60.13%, up +0.13% from the previous day
  • Ethereum's market share decreased to 11.42%, down -0.15%

With Bitcoin's market share increasing, it is interpreted that market funds are moving to some major coins.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $115.6 billion
  • DeFi Trading Volume (24 hours): $52.2 billion
  • 24-hour Change Rate: +10.24%
  • Stablecoin Market Capitalization: $244.5 billion (approximately 339.4 trillion won)
  • Stablecoin Trading Volume (24 hours): $206.2 billion (approximately 286.2 trillion won)
  • 24-hour Change Rate: +12.56%

This shows a trend of investors moving to stablecoins, which are relatively safe assets, as market volatility increases recently.

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.9419 trillion (approximately 2,695 trillion won)
  • Change from Previous Day: Increased by +18.02%

Derivatives trading volume is also rising significantly as trading demand increases to respond to short-term volatility.

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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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