[Afternoon Price Briefing] Cryptocurrency Market Mixed... Bitcoin $105,537, Ethereum $2,513

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TokenPost
10 hours ago
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The cryptocurrency market shows a mixed trend as of June 8th. According to TokenPost Market, Bitcoin is currently trading at +0.86% higher than the previous day at $105,537 (approximately 143.54 million won).

Ethereum recorded a +1.31% increase from the previous day at $2,513 (approximately 3.419 million won).

Cryptocurrency Price Data

Cryptocurrency Price Data / TokenPost Market

Top Altcoin Price Changes

Most top-tier altcoins showed an upward trend.

  • XRP +0.06%
  • BNB +0.66%
  • Solana +0.97%
  • Dogecoin +1.47%
  • Cardano +0.09%
  • TRON +2.93%

Market Capitalization and Trading Volume Trends

The total cryptocurrency market capitalization recorded $3.29 trillion (approximately 4,476 trillion won).

The total cryptocurrency trading volume over 24 hours was counted at $86.2 billion (approximately 117.3241 trillion won).

Bitcoin and Ethereum Market Share Changes

  • Bitcoin market share: 63.74%, down -0.02% from the previous day
  • Ethereum market share: 9.22%, up +0.03% from the previous day

DeFi and Stablecoin Market Trends

The DeFi market showed a somewhat downward trend.

  • DeFi market capitalization: $89.1 billion
  • DeFi trading volume (24 hours): $30.7 billion
  • 24-hour change rate: -10.10%

In contrast, the stablecoin market observed an overall decrease in trading volume.

  • Stablecoin market capitalization: $233.4 billion (approximately 317 trillion won)
  • Stablecoin trading volume (24 hours): $82 billion (approximately 111 trillion won)
  • 24-hour change rate: -19.89%

Derivatives Market (Futures and Options) Trading Trends

  • Derivatives trading volume (24 hours): $685.8 billion (approximately 932 trillion won)
  • Change from previous day: -32.95%

This decline is analyzed as a result of major exchanges reducing positions and market participants avoiding volatility.

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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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