[Evening Market Briefing] Cryptocurrency Market Rising... Bitcoin at $121,828, Ethereum at $4,776

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As of 14th afternoon (Korean time), the cryptocurrency market is showing an overall upward trend.

According to TokenPost Market, Bitcoin (BTC) is currently trading at $121,828.56 (approximately 168.54 million won), up 2.03% from the previous day.

Ethereum (ETH) recorded $4,776.81 (approximately 6.608 million won), up 3.35% from the previous day.

Cryptocurrency market data

Cryptocurrency market data / TokenPost Market

Top Altcoin Price Changes

Top altcoins are also showing an overall upward trend.

  • XRP +1.29%
  • BNB +3.55%
  • Solana +6.05%
  • Dogecoin +5.08%
  • Cardano +20.14%
  • TRON +3.68%

Market Capitalization and Trading Volume Trends

  • Altcoin Market Cap: $1.7273 trillion (approximately 2,389 trillion won)
  • Altcoin Trading Volume (24 hours): $155.7 billion (approximately 215.5 trillion won)
  • Total Cryptocurrency Market Cap: $4.1524 trillion (approximately 5,744 trillion won)
  • Total 24-hour Trading Volume: $254.2 billion (approximately 351.7 trillion won)

Bitcoin and Ethereum Market Share Changes

  • Bitcoin Market Share: 58.40% (-0.23%)
  • Ethereum Market Share: 13.88% (+0.11%)

Bitcoin's market share slightly decreased, while Ethereum increased, suggesting some funds are moving to altcoin and Ethereum markets.

DeFi and Stablecoin Market Trends

  • DeFi Market Cap: $123.4 billion
  • DeFi Trading Volume (24 hours): $50.6 billion
  • DeFi 24-hour Change Rate: +3.34%
  • Stablecoin Market Cap: $255.3 billion (approximately 353.3 trillion won)
  • Stablecoin Trading Volume (24 hours): $245.2 billion (approximately 339.2 trillion won)
  • 24-hour Change Rate: +15.04%

The surge in stablecoin trading volume indicates increased market liquidity.

Derivatives Market Trends

  • Derivatives Trading Volume (24 hours): $2.0195 trillion (approximately 3,037 trillion won)
  • Change from Previous Day: +15.82%

Cryptocurrency derivatives trading volume has also significantly increased, showing active trader participation.

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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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