[Afternoon Market Briefing] Cryptocurrency Market Rising… Bitcoin $85,292, Ethereum $1,625

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The cryptocurrency market continues to rise.

According to TokenPost Market, Bitcoin is currently trading at $85,292 (approximately 121.21 million won), up +2.99% from the previous day.

Ethereum recorded $1,625 (approximately 2.31 million won), up +5.01% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins rose.

  • XRP +7.31%
  • BNB +1.73%
  • Solana +11.07%
  • Dogecoin +5.10%
  • Cardano +5.52%
  • TRON +1.91%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $2.71 trillion (approximately 3,846 trillion won).

The total trading volume in the past 24 hours was $74.144 billion (approximately 105.3729 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 62.58%, a decrease of -0.24% from the previous day.

Ethereum is 7.25%, an increase of +0.11% from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi Market Capitalization: $65.003 billion
  • DeFi Trading Volume (24 hours): $7.043 billion
  • 24-hour Change Rate: -9.16%

In contrast, the stablecoin market showed some contraction.

  • Stablecoin Market Capitalization: $218.474 billion (approximately 310.4915 trillion won)
  • Stablecoin Trading Volume (24 hours): $67.993 billion (approximately 96.6309 trillion won)
  • 24-hour Change Rate: -17.34%

Derivatives Market (Futures and Options) Trading Volume Changes

The cryptocurrency derivatives market also showed some contraction.

  • Derivatives Trading Volume (24 hours): $1,044.4 billion (approximately 1,484 trillion won)
  • Change from Previous Day: -10.16%

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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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