[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $103,155, Ethereum $2,341

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The cryptocurrency market shows a mixed trend on the afternoon of the 28th (Korean time).

According to TokenPost Market, Bitcoin (BTC) is currently trading at $103,155.32 (approximately 143.99 million won), up 0.60% from the previous day.

Ethereum (ETH) has surged 5.47% to $2,341.75 (approximately 3.26 million won), recording the highest increase among major cryptocurrencies.

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

The price changes in top altcoins are also mixed. While many coins are showing an upward trend, individual cryptocurrencies are displaying differentiated movements.

  • XRP +2.71%
  • BNB +7.40%
  • Solana +6.01%
  • Dogecoin +6.40%
  • Cardano +2.07%
  • TRON +2.99%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization rose to approximately $3.27 trillion (approximately 4,571 trillion won).

The 24-hour trading volume was around $171.2 billion (approximately 239 trillion won), reflecting increased investment activity due to recent market volatility.

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 62.57%, a decrease of -0.78% from the previous day.

Ethereum's market share increased by 0.30% to 8.63%, showing a recovery of its market influence. Some funds appear to be moving from Bitcoin to Ethereum and other altcoins.

DeFi and Stablecoin Market Trends

The DeFi market showed a slight upward trend.

  • DeFi Market Capitalization: $72.529 billion
  • DeFi Trading Volume (24 hours): $26.973 billion
  • 24-hour Change: +5.48%

The stablecoin market also expanded. Trading volume increased due to growing demand for relatively safe assets.

  • Stablecoin Market Capitalization: $226.3 billion (approximately 315 trillion won)
  • 24-hour Trading Volume: $161.7 billion (approximately 225 trillion won)
  • Change Rate: +5.00%

Derivatives Market (Futures & Options) Trading Volume Changes

  • Derivatives Trading Volume (24 hours): $1.7553 trillion (approximately 2,450 trillion won)
  • Change from Previous Day: -3.15%

While derivatives trading volume slightly decreased, it remains at a high level, suggesting that market participants are sensitive to short-term price movements.

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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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