Daily Market BriefOct 14, 2024

Daily Market Brief 241014

  • Over the weekend, $BTC traded within a range between $62K and $63K. Currently, $BTC is trading at $62,870, and $ETH is trading at $2,468. Notably, MOVE coins saw significant movement, with $SUI reaching an all-time high, trading at $2.32, and $APT trading at $10.2.

  • This week’s calendar includes earnings from banks, Netflix, TSMC, and ASML, along with China’s GDP release on Friday, and token unlocks from $AXS, $STRK, $ARB, and $PIXEL.

  • Weekend headlines include memecoins dominating the market, with $SPX exceeding $850M, and $GOAT gaining attention. Ethena Labs submitted a proposal to onboard SOL as a USDe backing asset, and Donald J. Trump announced the WLF token sale, starting on October 15th.

  • Over the last 24 hours, the top three gainers were $SPX, $BRETT and $TIA, while the top three losers were $POPCAT, $PRIME, and $UNI.

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