[Afternoon Market Briefing] Cryptocurrency Market Mixed... Bitcoin $118,014, Ethereum $3,812

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The cryptocurrency market is showing a mixed trend as of 24 hours. According to TokenPost Market, Bitcoin is currently trading at $118,014 (approximately 163.19 million won), down 0.13% from the previous day.

Ethereum recorded $3,812 (approximately 52.72 million won), up 1.32% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins showed mixed price movements.

  • XRP +1.09%
  • BNB -1.05%
  • Solana -0.08%
  • Dogecoin +0.42%
  • Cardano +0.48%
  • TRON +4.56%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded approximately $3.8748 trillion (approximately 5,358 trillion won). The cryptocurrency trading volume in the past 24 hours was counted at $168.2 billion (approximately 232.6244 trillion won).

Bitcoin and Ethereum Market Share Changes

  • Bitcoin market share: 60.61%, decreased by 0.16 percentage points from the previous day
  • Ethereum market share: 11.88%, increased by 0.13 percentage points from the previous day

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat decline.

  • DeFi market capitalization: $10.997 billion
  • DeFi trading volume (24 hours): $4.285 billion
  • 24-hour change rate: -2.02%

The stablecoin market experienced some adjustment.

  • Stablecoin market capitalization: $247.45 billion (approximately 342.2021 trillion won)
  • Stablecoin trading volume (24 hours): $163.16 billion (approximately 225.6317 trillion won)
  • 24-hour change rate: -2.82%

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives trading volume (24 hours): $1.6881 trillion (approximately 2,334 trillion won)
  • Change from previous day: -3.16%

This suggests that short-term traders' trading has somewhat slowed down as major cryptocurrency prices show limited movement.

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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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