Daily Market Brief

Jul 19, 2024

Daily Market Brief 240719

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • The market traded rangebound with no dominant headline. As of now, $BTC is trading at $63,980, down 0.2%, and $ETH is trading at $3,425, up 1.1%.

  • As $ETH ETFs are expected to launch next week, details including fees, exchanges, and custodians have been released. Yesterday, SEC Commissioner Peirce mentioned that $ETH ETFs being able to stake could be open to reconsideration.

  • A few headlines include India's exchange WazirX being hacked for $235M, State Street looking to create its own stablecoin, and Polygon announcing the $MATIC to $POL rebranding date.

  • During the last 24 hours, the top three gainers were $GAL, $ANT, and $WIF, while the top three losers were $WLD, $XRP, and $SHIB.

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Peter-Headshot
Peter ChungHead of Research
Min-Headshot
Min JungResearch Analyst