Daily Market Brief

Nov 18, 2024

Daily Market Brief 241118

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
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  • $BTC remained rangebound for most of the session but experienced a slight decline as the Asia session began. Currently, $BTC is trading at $89,833, while $ETH is trading at $3,075. Bitcoin dominance stands at 60.14%.

  • This week is relatively quiet, with no major announcements scheduled in either crypto or TradFi. However, here’s what Presto Research believes is worth keeping an eye: here.

  • Over the weekend, notable developments included significant interest in the DeSci sector, with $RIF reaching a $100M market cap, $SOL hitting a new YTD ATH, and reports of President Biden authorizing Ukraine to strike Russia with long-range missiles.

  • In the past 24 hours, the top three gainers were $OM, $DRIFT, and $RAY, while the top three losers were $SAND, $XDC, and $WOO.

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