The Crypto Assets market is strongly rebounding: Bitcoin breaks through $91,943, Ether rises to $3,016.

Source: TokenPost Original Title: [Morning Market Briefing] Cryptocurrency Market Bullish… Bitcoin $91,943, Ethereum $3,016 Original Link:

Market Overview

The cryptocurrency market is showing a strong upward trend. According to the latest market data, as of December 3rd at 5:12 AM (Korean Standard Time), Bitcoin rose by 8.18% to $91,943.37 (approximately 135 million KRW), and Ethereum increased by 10.09% to $3,016.93 (approximately 4.429 million KRW).

Performance of Mainstream Tokens

The overall performance of major altcoins is strong:

• XRP: +9.00%
• BNB：+8.41%
• Solana: +13.14%
• Dogecoin: +9.63%
• Cardano: +15.55%
• TRON: +2.29%

Market Size and Trading Data

Market Capitalization Indicator

• Total market capitalization of cryptocurrencies: $3.1107 trillion (approximately 4,567 trillion KRW)
• 24-hour trading volume: $157.4 billion (approximately 231.2 trillion KRW)

Market Share Changes

• Bitcoin Market Share: 58.99% (Increased by 0.24% month-on-month)
• Ethereum market share: 11.71% (increased by 0.25% month-on-month)

Trends in the DeFi and Stablecoin Market

DeFi Market

• Market Cap: $80.797 billion
• 24-hour trading volume: $14.682 billion
• 24-hour Change Rate: -8.96% (Decrease)

Stablecoin Market

• Market Cap: $285.975 billion (approximately 419.9 trillion KRW)
• 24-hour trading volume: $136.129 billion (approximately 199.9 trillion KRW)
• 24-hour Change Rate: -10.50% (decrease)

Derivatives Market

The trading activity in the cryptocurrency derivatives market has decreased:

• 24-hour trading volume: $1.3934 trillion (approximately 2,045.8 trillion KRW)
• Month-on-month change: -8.31% (decrease)

Market Analysis

Key Observation

Major tokens led by Bitcoin have shown strong gains, resulting in a robust rebound in the cryptocurrency market. In particular, the significant rise of altcoins indicates a recovery in market sentiment and an increase in investor confidence.

Strategic Recommendations

Although the market maintains strong momentum in the short term, be wary of the profit-taking pressure that high volatility may bring. It is recommended to adopt a flexible response strategy and adjust positions in a timely manner according to market changes.

Terminology Explanation

Market Cap: The product of the cryptocurrency supply at a specific point in time and the current price, representing the overall market value.

DeFi (Decentralized Finance): A financial activity system realized through blockchain without a central authority.