[Morning Market Brief] Cryptocurrency market slightly down Bitcoin $87,255, Ethereum $2,930

Source: TokenPost Original Title: [Morning Price Briefing] Cryptocurrency Market Decline… Bitcoin $87,255, Ethereum $2,930 Original Link: https://www.tokenpost.kr/news/briefing/319335 On the morning of December 30, the cryptocurrency market showed a slight downward trend. According to market data, Bitcoin is currently priced at $87,255.07 (approximately 125,090,000 CNY), down 0.26% from the previous day; Ethereum is priced at $2,930.36 (about 4.2 million CNY), down 0.01% from the previous day.

Mainstream Altcoin Price Movements

Mainstream altcoins generally show weakness:

• XRP -0.23%▼
• BNB -0.88%▼
• Solana -0.31%▼
• Tron -0.40%▼
• Dogecoin -0.48%▼
• Cardano -2.70%▼

Market Size and Trading Volume

Total cryptocurrency market capitalization reaches $2.96 trillion (about 4,237 trillion CNY). The total trading volume over the past 24 hours is $116.3 billion (about 16.6 trillion CNY).

Bitcoin and Ethereum Market Share

Bitcoin accounts for 58.97%, an increase of 0.02% from the previous day; Ethereum accounts for 11.97%, an increase of 0.03%. This reflects a rising demand for Bitcoin and Ethereum.

DeFi and Stablecoin Market Trends

DeFi Market Performance:

• Total DeFi Market Cap: $70.094 billion
• DeFi 24-hour Trading Volume: $13.306 billion
• 24-hour Increase: +39.10%▲

Stablecoin Market Slightly Weak:

• Total Stablecoin Market Cap: $286.603 billion (about 410 trillion CNY)
• Stablecoin 24-hour Trading Volume: $115.294 billion (about 165 trillion CNY)
• 24-hour Decrease: -127.20%▼

Derivatives Market (Futures & Options) Trading Volume

Cryptocurrency derivatives market remains active:

• Derivatives Trading Volume: $1.25 trillion (about 17,980 trillion CNY)
• Increase from the previous day: +124.91%▲

Market Analysis

Market Sentiment: The overall market is in a wait-and-see mode, with ongoing technical adjustments. Although BTC and ETH have slightly declined, their increasing market share indicates a stabilization in supply and demand.

Strategy Suggestions: Considering short-term technical adjustments, it is recommended to focus on volatility opportunities and look for low points to deploy positions. Additionally, leverage strategies can be considered based on derivatives activity.

Concepts:

• DeFi (Decentralized Finance): A financial ecosystem operated via smart contracts without central authorities
• Stablecoins: Cryptocurrencies pegged to fiat currencies with low price volatility
• Derivatives: Futures and options products based on cryptocurrencies