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Cryptocurrency market mixed trend: Bitcoin $90,765, Ethereum $3,104
Source: TokenPost Original Title: [Morning Price Briefing] Cryptocurrency Market Mixed… Bitcoin $90,765, Ethereum $3,104 Original Link:
Market Overview
On the 9th, the cryptocurrency market showed a mixed trend, with both Bitcoin and Ethereum experiencing declines. Bitcoin hovered around $90,000, while Ethereum remained at the $3,100 level.
According to market data, Bitcoin decreased by -0.36% from the previous day, currently at $90,765 (approximately 132 million KRW); Ethereum fell by -1.25%, now at $3,104 (approximately 4.5 million KRW).
Performance of Mainstream Altcoins
Mainstream altcoins showed mixed gains and losses:
Market Size and Trading Volume
Changes in Bitcoin and Ethereum Market Share
DeFi and Stablecoin Market Trends
DeFi Market shows a contraction trend:
Stablecoin Market slightly declined:
Derivatives Market (Futures and Options) Trading Volume
Market Analysis
Bitcoin and Ethereum both experienced slight declines, with the market showing a mixed trend. Ethereum’s decline was relatively larger, indicating a slightly negative market sentiment. However, the rebound of Solana and the upward movement of some altcoins are noteworthy.
With Bitcoin’s market share increasing, risk-averse sentiment has led to a decrease in stablecoin market cap and a decline in derivatives trading volume. In short-term volatility, defensive positions or diversified investments in some altcoins can serve as reference strategies.