Daily Market BriefNov 29, 2024

Daily Market Brief 241129

  • Markets were largely unchanged, with $BTC currently at $95,645 (-0.3%) and $ETH at $3,578 (-2.1%). BTC dominance is currently 58.26%.

  • Hyperliquid announced its $HYPE token launch, scheduled for Friday at 2:30 a.m. ET. The genesis event will distribute 31% of the 1B total supply to community members, with no allocations for private investors or centralised exchanges.

  • Other key headlines include: Celsius distributing $127MM in its second bankruptcy payout bringing total recovery to 60.4%, BTC Miner MARA acquiring 6,474 BTC ($615MM) boosting holdings to 34,794 BTC ($3.3B), and pump.fun reaching a $1.5B valuation in recent OTC offers.

  • During the last 24 hours, the top three gainers were $AMP, $VIRTUAL, and $WLD, while the top three losers were $CHILLGUY, $GOAT, and $ETHFI.

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