[Morning Price Briefing] Cryptocurrency Market Mixed... Bitcoin $102,693, Ethereum $2,489

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The cryptocurrency market shows a mixed trend on the afternoon of the 1st. Major cryptocurrencies Bitcoin and Ethereum are both recording a decline, requiring cautious response from investors.

According to TokenPost Market, Bitcoin (BTC) is currently trading at $102,693.12 (approximately 145,518,869 won), down 1.50% from the previous day.

Ethereum (ETH) recorded a decline of 0.76% at $2,489.42 (approximately 3,527,567 won).

Cryptocurrency price data

Cryptocurrency price data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed an upward trend.

  • XRP +6.77%
  • BNB +1.58%
  • Solana +0.01%
  • Dogecoin -0.91%
  • Cardano +1.24%
  • TRON +3.95%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization is $3,306,462,152,584 (approximately 4,685 trillion 344.2 billion won).

The total trading volume in the last 24 hours is $180,320,219,876 (approximately 2,555 trillion 185.1 billion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share is 61.67%, decreasing by 0.53% from the previous day.

Ethereum's market share is 9.08%, decreasing by 0.02% from the previous day.

DeFi and Stablecoin Market Trends

  • DeFi Market Capitalization: $7.467 billion
  • DeFi Trading Volume (24 hours): $2.717 billion
  • 24-hour Change: 1.69% decrease
  • Stablecoin Market Capitalization: $22.626 billion (approximately 320.6 trillion won)
  • 24-hour Trading Volume: $16.759 billion (approximately 237.4 trillion won)
  • 24-hour Change: 30.34% decrease

Derivatives Market (Futures & Options) Trading Volume Trends

  • Derivatives Trading Volume (24 hours): $1.8847 trillion (approximately 2,670 trillion won)
  • Change from Previous Day: +21.07% increase

It was a day marked by an increase in derivatives market trading and the strength of some altcoins.

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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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