[Afternoon Market Briefing] Cryptocurrency Market Rising… Bitcoin $116,664, Ethereum $2,964

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The cryptocurrency market is showing an overall upward trend. According to TokenPost Market, Bitcoin is currently trading at $116,664.34 (approximately 160.62 million won), up 4.86% from the previous day.

Ethereum recorded a rise of 6.41%, reaching $2,964.81 (approximately 4.082 million won).

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

  • XRP +6.80%
  • BNB +2.92%
  • Solana +4.19%
  • Dogecoin +9.82%
  • Cardano +10.58%
  • TRON +1.27%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded $3.64 trillion (approximately 5,008 trillion won).

The total cryptocurrency trading volume in the last 24 hours was recorded at $202.6 billion (approximately 278 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 63.80%, decreasing by 0.03% from the previous day.

Ethereum's market share is 9.84%, increasing by 0.14% over 24 hours.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $98.46 billion
  • DeFi Trading Volume (24 hours): $64.244 billion
  • 24-hour Change Rate: +74.87% increase
  • Stablecoin Market Capitalization: $239.228 billion (approximately 329 trillion won)
  • Stablecoin Trading Volume (24 hours): $196.279 billion (approximately 270 trillion won)
  • 24-hour Change Rate: +48.24% increase

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.73836 trillion (approximately 2,393 trillion won)
  • Change from Previous Day: +22.81% increase

This market uptrend, coupled with the strength of major altcoins, indicates an improvement in overall investment sentiment.

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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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