[Midnight Price Briefing] Cryptocurrency Market Mixed... Bitcoin $78,456, Ethereum $1,531

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The cryptocurrency market is showing mixed trends.

According to TokenPost Market, as of the morning of June 7th, Bitcoin is trading at $78,456.70 (approximately 115.85 million won), down -0.73% from the previous day.

Ethereum recorded $1,531.22 (approximately 2.26 million won), down -2.48% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Prices of top altcoins generally showed an upward trend.

  • XRP +0.49%
  • BNB +0.44%
  • Solana +0.46%
  • Dogecoin +1.45%
  • TRON +2.70%
  • Cardano +3.09%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $2.49 trillion (approximately 3,681 trillion won).

The total cryptocurrency trading volume over 24 hours was compiled at $115.8 billion (approximately 171 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 62.49%, a decrease of -0.16% from the previous day.

Ethereum's market share is 7.42%, showing a decrease of -0.15% from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat contracted appearance.

  • DeFi Market Capitalization: $59.101 billion
  • DeFi Trading Volume (24 hours): $8.642 billion
  • 24-hour Change Rate: -35.42%

The stablecoin market also showed a contracting trend.

  • Stablecoin Market Capitalization: $218.523 billion (approximately 322 trillion won)
  • Trading Volume (24 hours): $109.566 billion (approximately 161 trillion won)
  • 24-hour Change Rate: -46.98%

Derivatives Market Trends

Cryptocurrency derivatives (futures and options) trading volume was compiled at $1.3476 trillion (approximately 1,989 trillion won), showing a -42.49% decrease from the previous day and indicating reduced liquidity.

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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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