[Afternoon Market Briefing] Cryptocurrency Market Downtrend… Bitcoin $103,220, Ethereum $2,490

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The cryptocurrency market is showing a downward trend. According to TokenPost Market, as of 9 AM Korean time on June 23rd, Bitcoin is trading at $103,220.76 (approximately 142.75 million won), down 2.62% from the previous day.

Ethereum recorded $2,490.27 (approximately 3.44 million won), down 5.26% from the previous day.

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins are declining.

  • XRP -5.11%
  • BNB -3.58%
  • Solana -7.49%
  • Dogecoin -9.58%
  • Cardano -5.86%
  • TRON -2.78%

Market Capitalization and Trading Volume Trends

Cryptocurrency market capitalization recorded $32.243 billion (approximately 445.9 trillion won).

Total cryptocurrency trading volume in the last 24 hours was counted at $146.4 billion (approximately 20.25 trillion won).

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased by 0.60% to 63.63%.

In contrast, Ethereum's market share decreased by 0.17% to 9.32%.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi Market Capitalization: $86.155 billion
  • DeFi Trading Volume (24 hours): $41.718 billion
  • Change Rate: -0.24% Decline

The stablecoin market was notable for increased trading volume.

  • Stablecoin Market Capitalization: $230.830 billion (approximately 319 trillion won)
  • Stablecoin Trading Volume (24 hours): $139.164 billion (approximately 192 trillion won)
  • Change Rate: +5.43% Increase

Derivatives Market (Futures & Options) Trading Volume Changes

The cryptocurrency derivatives market also showed active movement.

  • Derivatives Trading Volume (24 hours): $1.3368 trillion (approximately 1,848 trillion won)
  • Change Rate from Previous Day: -0.43% Decrease

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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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