Daily Market Brief

Nov 26, 2024

Daily Market Brief 241126

Peter-Headshot
Peter Chung
Min-Headshot
Min Jung
PDF Download
  • After failing to break the $100K mark, $BTC has continued to decline, briefly dipping below $93K. Currently, $BTC is trading at $93,064, while $ETH stands at $3,412. Bitcoin dominance is at 58.48%

  • Pump.fun has indefinitely disabled its live streaming feature. Over the past week, live-streaming has gained popularity through bizarre streams promising to continue until certain market caps were reached. According to Kaito, sentiment on Pump.fun is at an all-time low.

  • Key headlines include MicroStrategy purchasing an additional 55,500 BTC for $5.4 billion between Nov. 18 and Nov. 24, Sky Mavis laying off 21% of its workforce, and Tron acquiring $30 million worth of Trump-backed World Liberty Financial tokens.

  • Over the last 24 hours, the top three gainers were $ELF, $ENS, and $GLM, while the top three losers were $MANA, $GOAT, and $XTZ.

Back to list
Peter-Headshot
Peter ChungHead of Research
Min-Headshot
Min JungResearch Analyst