[Morning Market Brief] Cryptocurrency market mixed... Bitcoin at $69,241, Ethereum at $2,088

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The cryptocurrency market is exhibiting volatile trends. According to TokenPost market data, as of 5:02 AM on February 8, 2026, Bitcoin was down 2.21% from the previous day, trading at $69,241.89 (approximately 113.56 million South Korean won).

Ethereum rose 0.96% from the previous day to $2,088.08 (approximately 3.056 million Korean won).

Cryptocurrency market data
Cryptocurrency Market Data / TokenPost Market

Price changes of major altcoins

Most major altcoins fell.

  • XRP -1.85%
  • BNB -1.31%
  • Solana +1.27%

Market size and transaction volume trends

The total market capitalization of cryptocurrencies is $2,374.53663 billion (approximately 347.58 trillion Korean won).

The total transaction volume in the past 24 hours was US$165.7895 billion (approximately 242.5647 trillion Korean won).

Changes in Bitcoin and Ethereum market share

Bitcoin's market share was 58.28%, a decrease of 0.55% from the previous day.

Ethereum's share is 10.62%, up 0.24% from the previous day.

DeFi and Stablecoin Market Trends

The DeFi market is experiencing a slight decline.

  • DeFi market capitalization: $58.42269 billion
  • DeFi 24-hour trading volume: $14.52871 billion
  • 24-hour change rate: -42.93% Decrease

The market capitalization of stablecoins is US$285.63156 billion (approximately 418.1074 trillion won).

The 24-hour trading volume was US$163.16628 billion (approximately 238.8428 trillion Korean won), a decrease of 44.85%.

Changes in trading volume in the derivatives market (futures and options)

The derivatives market also saw a decline in trading volume.

  • 24-hour derivatives trading volume: US$1,347.71136 billion (approximately 1,972.3407 trillion Korean won)
  • Change rate from the previous day: -42.32% Decrease

Article summary by TokenPost.ai

🔎 Market Analysis

As Bitcoin fell during the session, some altcoins such as Ethereum and Solana strengthened, reflecting a partial recovery in investor sentiment. Trading volume in the DeFi and derivatives markets plummeted, indicating that they have entered a period of adjustment.

💡 Key Strategies

During periods of market volatility, a differentiated strategy is needed for major cryptocurrencies. With Bitcoin declining while Ethereum rises, and given the reduced trading volume in DeFi and derivatives, risk management strategies are crucial.

📘 Terminology Explanation

‣ DeFi: Decentralized financial systems provide financial services without intermediaries through smart contracts.

‣ Stablecoins: Cryptocurrencies whose value is pegged to stable assets (primarily the US dollar) to reduce price volatility.

TokenPost AI Notes

This article is a summary based on the TokenPost.ai language model. The main content may be omitted or may differ from the facts.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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