[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $117,000, Ethereum $3,744

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As of 7 AM (Korean time) on the 2nd, the cryptocurrency market is showing a mixed trend. According to TokenPost Market, Bitcoin (BTC) is currently trading at $117,521.41 (approximately 162.58 million won), up +0.96% from the previous day.

Ethereum (ETH) is showing strength, recording $3,744.06 (approximately 5.179 million won), up +3.47%.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed an upward trend.

  • XRP +1.99%
  • BNB +3.01%
  • Solana (SOL) +3.82%
  • Doge +4.89%
  • ADA +3.48%
  • TRON +1.43%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.8665 trillion (approximately 5,349.1509 trillion won).

The total 24-hour trading volume was compiled at $208.1 billion (approximately 288.0288 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 60.48%, a decrease of -0.50% from the previous day.

Ethereum's market share is 11.69%, an increase of +0.18% from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi market capitalization: $113.4 billion
  • 24-hour trading volume: $46.2 billion
  • Change from previous day: -5.20%

The stablecoin market size expanded.

  • Stablecoin market capitalization: $246.7 billion (approximately 341.3409 trillion won)
  • 24-hour trading volume: $199.0 billion (approximately 275.3215 trillion won)
  • Change rate: -1.56%

Derivatives Market Trends

  • Derivatives trading volume (24 hours): $1.0973 trillion (approximately 2,730 trillion won)
  • Change from previous day: -0.94%

While the market is showing a mixed trend overall, major cryptocurrencies are displaying a positive flow, raising expectations about future price directions.

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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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