Daily Market Brief

Oct 23, 2024

Daily Market Brief 241023

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • After its recent slide, $BTC continues to trade between 66.8k and 67.8k. Currently, $BTC is trading at $67,472 and $ETH at $2,621.

  • During an interview on CNBC, hedge funder Paul Tudor Jones stated that he's long on Bitcoin and gold, citing inflation and the unsustainable trajectory of U.S. debt as key concerns. See more details here and below.

  • A few notable headlines include: Polymarket initiating compliance checks on large U.S.-based wagers, $BONK and $UNI being listed on Upbit, and MakerDAO likely to undo the Sky rebrand, centering its value back on the Maker brand.

  • Over the last 24 hours, the top three gainers were $GIGA, $POPCAT, and $SPX, while the top three losers were $APE, $DYDX, and $SAFE.

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