[Evening Market Briefing] Cryptocurrency Markets in Confusion... Bitcoin at $114,000, Ethereum at $3,648

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The cryptocurrency market is showing a mixed trend as of 5 pm. According to TokenPost Market, as of now (Korean time, August 5, 2025, 4:08 pm), Bitcoin (BTC) is trading at $114,158.80 (approximately 158,656,000 won), down 0.25% from the previous day.

Ethereum (ETH) recorded $3,648.88 (approximately 5,071,000 won), up 3.09% from the previous day.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Top altcoins showed mixed movements, with an overall upward trend.

  • XRP +1.32%
  • BNB +1.13%
  • Solana +3.34%
  • Dogecoin +1.15%
  • Cardano +0.94%
  • TRON +0.97%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization is $3.738 trillion (approximately 5,195.8252 trillion won), with a 24-hour trading volume of $138.5 billion (approximately 192.5721 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 60.77%, down 0.43% from the previous day, while Ethereum is 11.78%, up 0.30%. There is a trend of some major asset movement flowing into the Ethereum and altcoin markets.

DeFi and Stablecoin Market Trends

The DeFi market is showing a somewhat upward trend.

  • DeFi Market Capitalization: $10.33 billion
  • DeFi Trading Volume (24 hours): $35.7 billion
  • 24-hour Change Rate: +9.15%

The stablecoin market is also expanding.

  • Stablecoin Market Capitalization: $249.9 billion (approximately 347.4222 trillion won)
  • Stablecoin Trading Volume (24 hours): $134.3 billion (approximately 186.7372 trillion won)
  • 24-hour Change Rate: +26.54%

With increasing market uncertainty, investors' funds are flowing into stablecoins and DeFi areas.

Derivatives Market (Futures and Options) Trading Volume Changes

The cryptocurrency derivatives market also showed active movements.

  • Derivatives Trading Volume (24 hours): $1.1867 trillion (approximately 1,649 trillion won)
  • Change from Previous Day: +34.10%

Traders' position changes appear to be active due to short-term price fluctuations.

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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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