Daily Market Brief

Oct 25, 2024

Daily Market Brief 241025

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC rebounded from its sell-off and is now trading back above $68k. Currently, $BTC is trading at $68,191, and $ETH is trading at $2,535.

  • Out of 2.3 million Pump.Fun memecoin investors, 0.0028% (around 70 people) made over $1 million, 0.037% made over $100,000, 0.477% made over $10,000, 3% made over $1,000, while 97% earned less than $1,000 or lost money.

  • Additional headlines include Microsoft placing 'assessment of investing in Bitcoin' as a voting item, $GOAT being listed on OKX and Binance futures, and Crypto Exchange Kraken planning to launch its own blockchain next year.

  • Top gainers in the last 24 hours were $SAFE, $MEW, and $RAY, while the top losers were $PRIME, $RON, and $ZETA.

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