Cryptocurrency Market Declines as Bitcoin and Ethereum Drop

The cryptocurrency market is showing a downward trend as both Bitcoin and Ethereum declined over the past 24 hours. According to TokenPost Market data as of 4:58 AM KST on September 16, 2026, Bitcoin traded at $76,090.25, down 3.66% from the previous day, while Ethereum closed at $2,413.23, a 4.99% decrease.

Top altcoins also showed weakness, with XRP dropping 10.74%, BNB down 0.90%, Solana falling 5.02%, Tron declining 2.23%, Dogecoin down 4.44%, and Hyperliquid sliding 5.17%. The total market capitalization of altcoins reached $161.2 billion, with a 24-hour trading volume of $63.73 billion.

The overall cryptocurrency market capitalization stood at $258.95 billion, while the 24-hour trading volume totaled $103.16 billion. Bitcoin's market dominance rose to 59.02% (up 0.04% from the previous day), while Ethereum's share fell to 11.37% (down 0.15%).

Decentralized finance (DeFi) market capitalization reached $73.33 billion, with a 24-hour trading volume of $12.43 billion, up 15.55%. Stablecoin market capitalization totaled $283.73 billion, with a 24-hour trading volume of $106.03 billion, marking a 29.09% increase.

Derivatives trading volume for the past 24 hours reached $958.37 billion, up 27.55% from the previous day, indicating heightened short-term trading activity amid increased price volatility.