Daily Market BriefDec 9, 2024

Daily Market Brief 241209

  • $BTC mostly traded rangebound around $100k over the weekend. As of now, $BTC is trading at $101,115, and $ETH is trading at $4,002. Bitcoin dominance stands at 55.35%.

  • This week’s calendar includes US CPI on Wednesday, PPI on Thursday, and the Microsoft shareholders' meeting on Tuesday, which will vote on whether to accept Bitcoin as treasury.

  • During the weekend, notable developments include: Pump.fun banned in the UK, a hacked Cardano Foundation X account posting a fake token announcement and false SEC lawsuit notice, and Pudgy Penguins announcing plans to release the $PENG token.

  • Over the past 24 hours, the top gainers were $1INCH, $DOG, and $SUPER, while the top losers were $AI16Z, $GOAT, and $WIF.

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