[Midnight Market Briefing] Cryptocurrency market fluctuates... Bitcoin $89,118, Ethereum $3,086

Cryptocurrency markets as of December 15 show a volatile trend. According to TokenPost market data, the current Bitcoin trading price is $89,118.72 (approximately 13,144,000 Korean Won), down -1.07% from the previous day.

Ethereum is reported at $3,086.26 (approximately 4.55 million Korean Won), down -0.80% from the previous day.

Price movements of mainstream altcoins

Most mainstream altcoins are showing a decline.

XRP -2.13%▼

BNB -0.33%▼

Solana -1.80%▼

Dogecoin -2.59%▼

Cardano -3.13%▼

Tron +0.93%▲

Cryptocurrency Market Data / TokenPost Market

Market Size and Trading Volume Trends

The total market capitalization of cryptocurrencies has reached $3.0377 trillion (approximately 4,480 trillion Korean Won). The trading volume of cryptocurrencies in the past 24 hours is about $101.7 billion (approximately 1,501 trillion Korean Won).

Market share changes of Bitcoin and Ethereum

Bitcoin’s market share is 58.56%, a decrease of -0.03% from the previous day. Ethereum’s market share is 12.26%, an increase of +0.03% from the previous day, slightly expanding its share.

DeFi and Stablecoin Market Trends

The DeFi market is showing some contraction. Its market cap is approximately $74.9 billion, with a 24-hour trading volume of about $9 billion, down -22.85% from the previous day.

The stablecoin market cap is approximately $288.2 billion (about 425 trillion Korean Won), with a 24-hour trading volume of about $79.6 billion (about 117 trillion Korean Won), down -32.19% from the previous day. Analysts believe this reflects investors temporarily reducing trading amid risk-averse sentiment.

Derivatives Market (Futures and Options) Trading Volume

The trading volume of cryptocurrency derivatives (futures and options) has decreased significantly. The 24-hour trading volume is approximately $641.5 billion (about 946 trillion Korean Won), down -30.51% from the previous day.

Summary by TokenPost.ai

🔎 Market Interpretation

Cryptocurrency markets are trending downward, led by Bitcoin and Ethereum, with altcoins also declining in tandem. Overall, investor sentiment appears somewhat subdued.

💡 Strategy Highlights

Considering the changes in Bitcoin’s market share, the market dominance might slightly shift toward altcoins. In the short term, a staggered buying strategy with enhanced risk management could be effective.

📘 Terminology Explanation

  • Market Cap: the total value of all circulating cryptocurrencies in the market

  • Stablecoin: a cryptocurrency pegged to fiat currency to reduce price volatility

  • Derivatives: financial products whose returns are determined by the price movements of underlying assets (e.g., futures, options)

TokenPost AI Notes

This article uses a language model based on TokenPost.ai for summarization. The main content of the article may be omitted or may differ from the actual facts.

ETH1.48%
BTC0.28%
XRP-1.65%
BNB-0.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)