Daily Market BriefNov 28, 2024

Daily Market Brief 241128

  • $BTC rebounded and is currently trading at $95,886 while $ETH is trading at $3,653. Bitcoin dominance stands at 58.26%, down 4.7% over the past week.

  • The Block reports that Chris Giancarlo is a leading candidate for U.S. "Crypto Czar" under President-elect Trump. Giancarlo is expected to focus on policies, including a Bitcoin reserve, a Crypto Council, self-hosted wallet protections, capital gains tax exemptions, ending crypto debanking, and introducing new CFTC, SEC, and stablecoin regulations.

  • Headlines are relatively muted ahead of U.S. Thanksgiving, with a few notable developments such as Bitwise filing for a 10 Crypto Index ETF with the SEC, Animoca's strategic investment in Igloo, and $MORPHO and $CHILLGUY being listed on Binance Futures.

  • Over the last 24 hours, the top three gainers were $ENS, $SPX, and $VIRTUAL, while the top three losers were $OM, $GLM, and $ALGO.

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