[Morning Stock Briefing] Cryptocurrency Market Rising… Bitcoin $104,504, Ethereum $2,497

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TokenPost
2 days ago
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The cryptocurrency market is showing an overall upward trend. According to Token Post Market, as of June in Korean time, Bitcoin is trading at $104,504 (approximately 142.14 million won), up +3.59% from the previous day.

Ethereum also rose +3.65% from the previous day, recording $2,497 (approximately 3.39 million won).

Cryptocurrency price data

Cryptocurrency price data / Token Post Market

Top Altcoin Price Changes

Most top-tier altcoins also showed an upward trend.

  • XRP +4.62%
  • BNB +2.93%
  • Solana +5.16%
  • Dogecoin +6.07%
  • Cardano +6.45%
  • TRON +3.88%

Market Size and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.2578 trillion (approximately 4,431 trillion won). The trading volume in the past 24 hours was approximately $122.1 billion (approximately 166 trillion won), maintaining stable market liquidity.

Bitcoin and Ethereum Market Share Changes

Bitcoin's market share increased to 63.75%, up +0.08% from the previous day. Ethereum's market share also increased to 9.26%, up +0.01%.

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend. The total market capitalization of DeFi is $87.1 billion, with a 24-hour trading volume of $35.6 billion, a decrease of -3.83%.

  • DeFi Market Capitalization: $8.718 billion
  • DeFi Trading Volume (24 hours): $35.650 billion
  • 24-hour Change Rate: -3.83%

In contrast, the stablecoin market showed a contraction. The market capitalization was $232.7 billion (approximately 316 trillion won), and the trading volume was $117 billion (approximately 159 trillion won), a decrease of -1.29% from the previous day.

  • Stablecoin Market Capitalization: $232.7 billion
  • Stablecoin Trading Volume (24 hours): $117 billion
  • 24-hour Change Rate: -1.29%

Derivatives Market (Futures and Options) Trends

The derivatives market experienced a slight adjustment, falling -10.90% from the previous day.

  • Derivatives Trading Volume (24 hours): $1.1692 trillion (approximately 1,590 trillion won)
  • Change from Previous Day: -10.90%

This is interpreted as the result of traders realizing short-term profits.

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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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