Daily Market Brief

Jul 11, 2024

Daily Market Brief 240711

RM
Rick Maeda
Min-Headshot
Min Jung
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  • The market rallied during Asian hours but retraced all its gains during European hours. $BTC is now trading at $57,746, down 0.5%, and $ETH is now trading at $3,101, up 1.2%.

  • Eric Balchunas, a Bloomberg ETF analyst, expects spot ETH ETFs next week and SOL ETFs in mid-March 2025. Regarding the SOL ETF, on Tuesday, CBOE filed 19b-4s for both VanEck and 21Shares Solana ETFs.

  • A few headlines include Goldman Sachs launching three tokenization projects, Gotbit CEO having a battle with project $MAMBA on Twitter, and Story Protocol introducing the Story Network.

  • During the last 24 hours, the top three gainers were $SATS, $SC, and $RPL, while the top three losers were $ZBC, $POPCAT, and $GAL.

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RM
Rick MaedaResearch Analyst
Min-Headshot
Min JungResearch Analyst