[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $91,146, Ethereum $1,697

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The cryptocurrency market is showing mixed trends. According to TokenPost Market, as of 9 AM (KST) on May 10th, Bitcoin is trading at $91,146 (approximately 130.35 million won), up +4.44% from the previous day.

Ethereum recorded a sharp increase of +7.70% to $1,697 (approximately 2,428,082 won).

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed an upward trend.

  • XRP +3.56%
  • BNB +1.92%
  • Solana +5.47%
  • Dogecoin +9.04%
  • Cardano +5.31%
  • TRON -0.41%

Market Capitalization and Trading Volume Trends

The cryptocurrency market capitalization recorded approximately $2.85 trillion (about 4,070 trillion won).

The cryptocurrency trading volume in the past 24 hours was counted at $10.548 billion (about 150 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased to 63.58%, up +0.10% from the previous day.

Ethereum's share also increased to 7.19%, up +0.22%.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $61.938 billion
  • DeFi Trading Volume (24 hours): $7.225 billion
  • 24-hour Change Rate: Increased +11.90%
  • Stablecoin Market Capitalization: $220.168 billion (about 315 trillion won)
  • Stablecoin Trading Volume (24 hours): $100.45 billion (about 144 trillion won)
  • 24-hour Change Rate: Increased +16.39%

The expansion of the stablecoin market shows increased demand for safe assets amid market volatility.

Derivatives Market (Futures and Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.3123 trillion (about 1,876 trillion won)
  • Change from Previous Day: Increased +11.65%

As the number of derivatives market participants increases, short-term market strategy demand is also expanding.

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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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