Daily Market Brief

Sep 9, 2024

Daily Market Brief 240909

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • The market slid after Friday’s non-farm payroll numbers and has since traded rangebound. Currently, $BTC is trading at $54,861 and $ETH is at $2,296.

  • Over the weekend, key headlines included allegations of Polymarket election market manipulation to push Trump odds down, VanEck closing its "ETH futures ETF" to shift focus to their recently approved ETH spot ETP, and Tether addressing a $102 million agricultural investment.

  • This week’s calendar features the Trump-Harris debate on Tuesday, CPI release on Wednesday, and PPI on Thursday.

  • During the last 24 hours, the top three gainers were $ONT, $BTT, and $SUPER, while the top three losers were $DOGS, $SATS, and $LTC.

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