Daily Market Brief

Sep 20, 2024

Daily Market Brief 240920

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • The market continues its rally since FOMC, and $BTC briefly reached $63.8k. As of now, $BTC is trading at $62,938, and $ETH is trading at $2,464.

  • Today marks the beginning of the Solana Breakpoint. Rumors for Breakpoint announcements can be found here.

  • A few crypto legal headlines include Terraform Labs approved for bankruptcy wind-down after the US SEC settlement, a judge dismissing Consensys' lawsuit against the SEC over MetaMask and Ethereum claims, and the CFTC pushing an appeals court to block election betting amid the Kalshi dispute.

  • During the last 24 hours, the top three gainers were $MEW, $DYM, and $KAVA, while the top three losers were $FTN, $SUPER, and $HNT.

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