[Evening Price Briefing] Cryptocurrency Market Downtrend… Bitcoin $94,650, Ethereum $1,796

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The cryptocurrency market is showing a downward trend. According to TokenPost Market, Bitcoin is currently trading at $94,650.13 (approximately 134.51 million won), down -0.36% from the previous day.

Ethereum recorded $1,796.50 (approximately 2.55 million won), down -1.52% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins are declining.

  • XRP -2.95%
  • BNB -1.11%
  • Solana -1.67%
  • Dogecoin -3.55%
  • Cardano -2.45%
  • TRON -1.39%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $2.9559 trillion (approximately 4,200 trillion won).

The total cryptocurrency trading volume over 24 hours was calculated at $74.386 billion (approximately 1,057 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.33% to 63.58% from the previous day.

Ethereum's market share decreased by -0.05% to 7.34%.

DeFi and Stablecoin Market Trends

The DeFi market showed weakness.

  • DeFi Market Capitalization: $64.5 billion
  • DeFi Trading Volume (24 hours): $5.8 billion
  • 24-hour Change Rate: -4.05%

The stablecoin market also showed some contraction.

  • Stablecoin Market Capitalization: $223.9 billion (approximately 318 trillion won)
  • Stablecoin Trading Volume (24 hours): $68.8 billion (approximately 97 trillion won)
  • 24-hour Change Rate: -16.20%

Derivatives Market (Futures & Options) Trading Volume Trends

  • Derivatives Trading Volume (24 hours): $981.4 billion (approximately 1,395 trillion won)
  • Change from Previous Day: -25.07%

Overall, the cryptocurrency market is showing a trend of 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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