[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $103,753, Ethereum $2,539

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The cryptocurrency market is showing a mixed trend on the 8th. According to TokenPost Market, Bitcoin is trading at $103,753 (approximately 144.82 million won), up +0.58% from the previous day.

Ethereum has surged +8.46% from the previous day, recording $2,539 (approximately 3.545 million won).

Cryptocurrency price data
Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

The movement of top altcoins was mixed.

  • XRP +0.88%
  • BNB -1.60%
  • Solana +2.07%
  • Dogecoin +14.28%
  • Cardano +3.46%
  • TRON +0.13%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $33.312 billion (approximately 4,650.6492 trillion won).

The trading volume in the last 24 hours was counted at $13.968461 billion (approximately 194 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 61.86%, decreasing -0.71% from the previous day.

Ethereum increased +0.58% to 9.21%.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat upward trend.

  • DeFi Market Capitalization: $76.4 billion
  • DeFi Trading Volume (24 hours): $27.7 billion
  • Day-on-day change: +2.83%

The stablecoin market showed an overall downward trend.

  • Stablecoin Market Capitalization: $226.4 billion (approximately 316.1017 trillion won)
  • 24-hour Trading Volume: $129.2 billion (approximately 180.4757 trillion won)
  • Day-on-day change: -20.08%

Derivatives Market (Futures and Options) Status

The 24-hour trading volume of cryptocurrency derivatives is $1,583.7 billion (approximately 2,210.6895 trillion won)

Decreased -9.78% from the previous day, which is interpreted as reflecting a wait-and-see attitude from some investors.

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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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