[Morning Market Briefing] Cryptocurrency market on the rise... Bitcoin $91,353, Ethereum $3,136

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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%.
  • Ethereum rose by 0.17% to 12.18%.

DeFi and Stablecoin Market Trends

DeFi Market

  • DeFi market cap: $78.324 billion
  • DeFi trading volume(24h): $11.241 billion
  • 24-hour change: +17.59%▲

Stablecoin Market

  • Stablecoin market cap: $287.405 billion(approximately 423 trillion KRW)
  • Stablecoin trading volume(24h): $76.431 billion(approximately 1,126 trillion KRW)
  • 24-hour change: +15.14%▲

Derivatives Market Trading Volume Changes

The cryptocurrency derivatives market also showed active movement.

  • Derivatives trading volume(24h): $925.442 billion(approximately 1,364 trillion KRW)
  • Change from previous day: +35.71%▲

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

  • DeFi(DeFi): Decentralized Finance system, blockchain-based financial services
  • Stablecoin: Cryptocurrency with a stable price, pegged to the dollar or other assets
  • Derivatives: Financial products such as futures and options derived from underlying assets
XRP-0.23%
BNB-0.5%
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DrAmaniSooJPvip
· 19h ago
amazing sharing, thx ya...
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