[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $118,845, Ethereum $3,742

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, Bitcoin is currently trading at $118,845 (approximately 163.18 million won), up +0.71% from the previous day.

Ethereum is showing a relatively strong upward trend, recording $3,742 (approximately 5.13 million won), up +4.76% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed an upward trend.

  • XRP +2.50%
  • BNB +2.28%
  • Solana +1.01%
  • Dogecoin +0.46%
  • Cardano +2.01%
  • TRON +2.18%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded approximately $3.89 trillion (about 5,344 trillion won). The total cryptocurrency trading volume in the past 24 hours was calculated at $207.5 billion (about 285 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share decreased by -0.39% to 60.73%. Ethereum increased by +0.37% to 11.60%, expanding its market proportion.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi Market Capitalization: $111.6 billion
  • DeFi Trading Volume (24 hours): $49.7 billion
  • 24-hour Change Rate: -1.06%

Stablecoins showed an expansion in trading volume.

  • Stablecoin Market Capitalization: $246.7 billion (about 338 trillion won)
  • Stablecoin Trading Volume (24 hours): $196.5 billion (about 270 trillion won)
  • 24-hour Change Rate: +4.85%

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.9466 trillion (about 2,672 trillion won)
  • Change from Previous Day: +7.07%

The derivatives market recorded a notable increase in trading volume, which is analyzed to have further strengthened market liquidity.

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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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