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【Morning Market Briefing】 Cryptocurrency market is trending downward... Bitcoin $87,255, Ethereum $2,930
The cryptocurrency market experienced a slight decline amid oscillations on the morning of December 30. According to TokenPost market data, as of the current benchmark time (Korea Time 05:12), Bitcoin has decreased by 0.26% from the previous day, with a trading price of $87,255.07 (approximately 125 million 9,000 Korean Won). Ethereum has slightly decreased by 0.01% from the previous day, trading at $2,930.36 (approximately 4.2 million Korean Won).
Cryptocurrency Market Data / TokenPost Market
Major Altcoin Price Movements
Most major altcoins also show weakness.
XRP -0.23%▼
BNB -0.88%▼
Solana -0.31%▼
Tron -0.40%▼
Dogecoin -0.48%▼
Cardano -2.70%▼
Market Capitalization and Trading Volume
The total market capitalization of cryptocurrencies is $2.9553 trillion (approximately 4,237 trillion Korean Won). The total trading volume over the past 24 hours is $116.3 billion (approximately 166 trillion Korean Won).
Bitcoin and Ethereum Market Share Changes
Bitcoin’s market share is 58.97%, up 0.02% from the previous day; Ethereum’s market share is 11.97%, up 0.03%. This indicates an increased demand for Bitcoin and Ethereum relative to other cryptocurrencies.
DeFi and Stablecoin Market Trends
The DeFi market shows an upward trend.
DeFi Market Cap: $70.094 billion
DeFi Trading Volume (24 hours): $13.306 billion
24-hour Change Rate: +39.10%▲
The stablecoin market shows slight contraction.
Stablecoin Market Cap: $286.603 billion (approximately 410 trillion Korean Won)
Stablecoin Trading Volume (24 hours): $115.294 billion (approximately 165 trillion Korean Won)
24-hour Change Rate: -127.20%▼
Derivatives Market (Futures and Options) Trading Volume Changes
Cryptocurrency derivatives market trading volume has expanded.
Derivatives Trading Volume: $1.2539 trillion (approximately 1,798 trillion Korean Won)
Change from the previous day: +124.91%▲
Article Summary by TokenPost.ai
🔎 Market Interpretation
The overall market sentiment continues to undergo technical adjustments amid a wait-and-see atmosphere. Although BTC and ETH have slightly declined, their increasing market share suggests supply and demand are stabilizing.
💡 Strategic Highlights
Considering short-term technical adjustments, attention should be paid to volatility trends and opportunities to buy at lows. Leveraged strategies reflecting derivatives activity can also be considered.
📘 Terminology Explanation
DeFi: Decentralized Finance, a financial ecosystem operated without central institutions through smart contracts
Stablecoins: Cryptocurrencies pegged to fiat currencies with low price volatility
Derivatives: Futures and options products based on cryptocurrencies as underlying assets
TokenPost AI Notes
This article uses a language model based on TokenPost.ai for summarization. The main content of the body may be omitted or may differ from actual facts.