[Morning Market Briefing] Cryptocurrency Market Downtrend... Bitcoin $117,384, Ethereum $3,763

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The cryptocurrency market is showing an overall downward trend. According to TokenPost Market, Bitcoin is currently trading at $117,384 (approximately 162.96 million won), down -0.61% compared to the previous day.

Ethereum recorded $3,762 (approximately 5.22 million won), down -0.74% from the previous day.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Prices of top altcoins mostly showed a downward trend.

  • XRP -0.97%
  • BNB -2.66%
  • Solana -2.57%
  • Dogecoin -3.17%
  • Cardano -2.45%
  • TRON +4.13%

Market Capitalization and Trading Volume Trends

The market capitalization of altcoins is $1.5111 trillion (approximately 2,097 trillion won), and the 24-hour trading volume is $107.4 billion (approximately 149 trillion won).

The total cryptocurrency market capitalization was recorded at $3.8473 trillion (approximately 5,341 trillion won). The total cryptocurrency trading volume over the past 24 hours reached $175.9 billion (approximately 244 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.18% to 60.72% compared to the previous day.

Ethereum's market share slightly increased by 0.01% to 11.80%.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $108.5 billion
  • DeFi Trading Volume (24 hours): $43.3 billion
  • 24-hour Change Rate: -1.72% Decrease
  • Stablecoin Market Capitalization: $247.3 billion (approximately 343 trillion won)
  • Stablecoin Trading Volume (24 hours): $170.9 billion (approximately 237 trillion won)
  • 24-hour Change Rate: +0.57% Increase

Derivatives Market (Futures & Options) Trends

  • Derivatives Trading Volume (24 hours): $1.764 trillion (approximately 2,449 trillion won)
  • Change Rate Compared to Previous Day: -1.40% Decrease

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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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