[Evening Price Briefing] Cryptocurrency Market Mixed... Bitcoin $88,485, Ethereum $1,623

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, Bitcoin is currently trading at +1.19% higher than the previous day at $88,485 (approximately 126 million won).

Ethereum recorded a -1.46% decline, trading at $1,623 (approximately 2.31 million won).

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Top altcoins mostly showed a downward trend.

  • XRP -1.62%
  • BNB -0.02%
  • Solana -0.04%
  • Dogecoin +1.13%
  • TRON +1.08%
  • Cardano -1.66%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $2.77 trillion (approximately 3,942 trillion won).

The cryptocurrency trading volume in the last 24 hours was recorded at $87.921 billion (approximately 125.2735 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by +0.44% to 63.50%.

In contrast, Ethereum's market share decreased by -0.14% to 7.08%. This suggests some funds have flowed from altcoins to BTC.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $59.722 billion
  • DeFi Trading Volume (24 hours): $6.686 billion
  • 24-hour Change Rate: +23.49% increase
  • Stablecoin Market Capitalization: $219.443 billion (approximately 312.6715 trillion won)
  • Stablecoin Trading Volume (24 hours): $82.549 billion (approximately 117.6193 trillion won)
  • 24-hour Change Rate: +33.57% increase

The surge in stablecoin trading volume implies that investors are showing a preference for safe assets amid increasing market uncertainty.

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.176 trillion (approximately 1,676 trillion won)
  • Change from Previous Day: +29.40% increase

This shows that traders are actively trading in futures and options markets due to expanded short-term price volatility.

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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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