Source: TokenPost
Original Title: [Morning Price Briefing] Cryptocurrency Market on the Rise… Bitcoin at $91,353, Ethereum at $3,136
Original Link: https://www.tokenpost.kr/news/briefing/312149
The cryptocurrency market is showing an upward trend. The prices of major coins, including Bitcoin and Ethereum, have risen by 2–3%. Cardano showed a strong performance, rising more than 4%.
Current Prices
As of now, Bitcoin is trading at $91,353(approximately 134.63 million KRW), up 2.15% from the previous day. Ethereum recorded $3,136(approximately 4.62 million KRW), up 3.46% from the previous day.
Top Altcoin Price Changes
Most top altcoins are also rising.
XRP +2.98%▲
BNB +1.55%▲
Solana +2.76%▲
Dogecoin +1.89%▲
Cardano +4.29%▲
TRON +0.12%▲
Market Capitalization & Trading Volume Trends
Cryptocurrency market capitalization recorded $3.11 trillion(approximately 4,578 trillion KRW).
In the past 24 hours, crypto trading volume totaled $96.1 billion(approximately 1,417 trillion KRW).
Bitcoin and Ethereum Dominance Changes
Bitcoin’s market dominance increased by 0.06% to 58.68%.
With both major assets, Bitcoin and Ethereum, rising together, an optimistic atmosphere is forming in the market. Altcoins are also participating in the upward trend, reflecting a positive turnaround in investor sentiment.
Since a short-term rebound in prices has been observed, a strategy of building positions by taking advantage of buying opportunities at lower prices may be effective. However, as there may be profit-taking immediately after a sharp rise, a strategy to cope with volatility is necessary.
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[Morning Market Briefing] Cryptocurrency market on the rise... Bitcoin $91,353, Ethereum $3,136
Source: TokenPost Original Title: [Morning Price Briefing] Cryptocurrency Market on the Rise… Bitcoin at $91,353, Ethereum at $3,136 Original Link: https://www.tokenpost.kr/news/briefing/312149 The cryptocurrency market is showing an upward trend. The prices of major coins, including Bitcoin and Ethereum, have risen by 2–3%. Cardano showed a strong performance, rising more than 4%.
Current Prices
As of now, Bitcoin is trading at $91,353(approximately 134.63 million KRW), up 2.15% from the previous day. Ethereum recorded $3,136(approximately 4.62 million KRW), up 3.46% from the previous day.
Top Altcoin Price Changes
Most top altcoins are also rising.
Market Capitalization & Trading Volume Trends
Bitcoin and Ethereum Dominance Changes
DeFi and Stablecoin Market Trends
DeFi Market
Stablecoin Market
Derivatives Market Trading Volume Changes
The cryptocurrency derivatives market also showed active movement.
Market Analysis & Strategy
With both major assets, Bitcoin and Ethereum, rising together, an optimistic atmosphere is forming in the market. Altcoins are also participating in the upward trend, reflecting a positive turnaround in investor sentiment.
Since a short-term rebound in prices has been observed, a strategy of building positions by taking advantage of buying opportunities at lower prices may be effective. However, as there may be profit-taking immediately after a sharp rise, a strategy to cope with volatility is necessary.
Glossary