The cryptocurrency market shows a mixed trend as of 6 AM (KST) on August 16th. According to TokenPost Market, Bitcoin is trading at $117,407 (approximately 163.07 million won), which is a 0.51% decrease from the previous day.
Ethereum recorded a price of $4,431 (approximately 6.155 million won), a 2.02% decline from the previous day.
Major Altcoin Price Trends
Top-tier altcoins mostly declined.
- XRP +0.33%▲ ($3.08, approximately 4,282 won)
- BNB -0.85%▼ ($826.69, approximately 1.148 million won)
- Solana -3.71%▼ ($185.02, approximately 256,000 won)
Market Capitalization and Trading Volume
The total cryptocurrency market capitalization recorded $3.9587 trillion (approximately 5,498 trillion won).
The total 24-hour trading volume was counted at $19.7 billion (approximately 27.36 trillion won).
Bitcoin and Ethereum Market Share Changes
Bitcoin's market share is 59.04%, increasing by 0.17% from the previous day. In contrast, Ethereum's market share decreased by 0.18% to 13.51%.
DeFi and Stablecoin Market Trends
The DeFi market showed a somewhat declining trend. Market capitalization was $114.9 billion, with a 24-hour trading volume of $42.5 billion, a 16.58% decrease.
The stablecoin market is as follows:
- Market capitalization: $257.5 billion (approximately 357.7 trillion won)
- 24-hour trading volume: $192.5 billion (approximately 267.4 trillion won, 31.47% decrease ▼)
Derivatives Market Trends
The cryptocurrency derivatives (futures and options) market also showed a slowdown.
- Derivatives trading volume (24 hours): $1.0758 trillion (approximately 2,441 trillion won)
- Change from previous day: -31.71% ▼
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