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Cryptocurrency market shows mixed trends with Bitcoin and Ethereum fluctuations
The global cryptocurrency market is experiencing divergent trends. In the South Korean market, risk appetite has resurfaced, with Bitcoin trading at approximately 112.64 million KRW, a 2.1% increase. On the Bithumb exchange, MetaDAO saw a significant surge of 104.1%, while other tokens like Iris and AltLayer also recorded gains.
Conversely, global market data indicates a contraction in total cryptocurrency market capitalization to $2.7574 trillion. Major assets such as Bitcoin and Ethereum have seen recent declines of approximately 3% in global terms, with Bitcoin priced around $81,806 and Ethereum at $2,411. Other major tokens, including Ripple and Solana, have also faced downward pressure.
Market sentiment remains varied; the Fear and Greed Index in the Korean market reached 63, indicating a 'Greed' phase, while the global index sat at 49, representing a 'Neutral' stance.
Entities
Bitcoin · Bithumb · CoinGecko · Ethereum · South Korea