Daily Market Brief

Oct 24, 2024

Daily Market Brief 241024

Min-Headshot
Min Jung
RM
Rick Maeda
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  • $BTC continues its sell-off, briefly dipping below the $66k mark. Currently, $BTC is trading at $66,663, and $ETH is trading at $2,526. Bitcoin dominance stands at 58.75%.

  • $GOAT and AI memecoins ($LUNA, $SLOP, $ACT, etc.) have been dominating market attention for nearly a week, with $GOAT's market cap once nearing $800M. For more details, see here.

  • Additional headlines include $GOAT being listed on Bybit futures, Uniswap launching permissionless bridging across nine networks, and Tesla shares surging 12% after a profit beat.

  • Top gainers in the last 24 hours were $GOAT, $JUP, and $BOME, while the top losers were $APE, $NIERO, and $ALEO.

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Min-Headshot
Min JungResearch Analyst
RM
Rick MaedaResearch Analyst