[Evening Market Briefing] Cryptocurrency Market Downtrend... Bitcoin $118,000, Ethereum $3,825

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The cryptocurrency market is showing a downward trend. According to TokenPost Market, Bitcoin is currently trading at $118,278.14 (approximately 163.48 million won), down 0.46% from the previous day.

Ethereum recorded $3,825.16 (approximately 5.287 million won), down 0.14% from the previous day.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed a downward trend.

  • XRP -0.52%
  • BNB -3.11%
  • Solana -1.71%
  • Dogecoin -2.52%
  • Cardano -2.02%
  • TRON +2.03%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.8798 trillion (approximately 5,362 trillion won).

The total cryptocurrency trading volume over the past 24 hours was counted at $165.7 billion (approximately 229 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.15% to 60.66%.

Ethereum's market share decreased by 0.06% to 11.90%.

DeFi and Stablecoin Market Trends

The DeFi market showed a downward trend.

  • DeFi market capitalization: $109.4 billion
  • DeFi trading volume (24 hours): $42.5 billion
  • 24-hour change rate: -3.12%

The stablecoin market also showed a decrease.

  • Stablecoin market capitalization: $247.5 billion (approximately 342 trillion won)
  • Stablecoin trading volume (24 hours): $159.8 billion (approximately 220 trillion won)
  • 24-hour change rate: -4.26%

Derivatives Market (Futures and Options) Trading Volume Changes

Cryptocurrency derivatives (futures and options) trading volume was $1.6384 trillion (approximately 2,264 trillion won), a 5.27% decrease from the previous day.

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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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