[Evening Price Briefing] Cryptocurrency Market Rising… Bitcoin $109,517, Ethereum $2,599

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The cryptocurrency market is showing an upward trend. According to TokenPost Market, as of 9 AM (KST) on the 24th, Bitcoin is trading at $109,517.13 (approximately 148.89 million won), up 2.31% from the previous day.

ETH is trading at $2,599.91 (approximately 3.53 million won), up 6.01% from the previous day.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Major top-tier altcoins are also generally showing an upward trend.

  • XRP +3.67%
  • BNB +0.99%
  • SOL +3.86%
  • Doge +8.00%
  • ADA +8.75%
  • TRON +1.00%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $338.77 billion (approximately 4,605.7322 trillion won).

The total trading volume over 24 hours is $13.106972 billion (approximately 178.192 trillion won), maintaining active market liquidity.

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 64.28%, a decrease of 0.37% from the previous day.

In contrast, Ethereum recorded 9.26%, an increase of 0.27%.

This suggests that some investment funds are being diversified from Bitcoin to altcoins.

DeFi and Stablecoin Market Trends

The current DeFi market is showing an upward trend. The DeFi market capitalization is $89.18 billion, with a 24-hour trading volume of $36.317 billion, an increase of 9.13% from the previous day.

The stablecoin sector also showed growth. The total stablecoin market capitalization is $237.32 billion (approximately 322.6419 trillion won), with a 24-hour trading volume of $127.06 billion (approximately 172.7352 trillion won), an increase of 31.21%. This indicates an expanding demand for digital dollars in a highly volatile market.

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives trading volume (24 hours): $1,258.1 billion (approximately 1,710.4221 trillion won)
  • Change from previous day: +35.29%

The derivatives market is also showing a sharp increase, with active trader participation. This demonstrates a trend of strengthening short-term strategies in response to volatility and uncertainty about price direction.

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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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