Daily Market BriefDec 11, 2024

Daily Market Brief 241211

  • The market shows choppy price action, with gains quickly retraced and the overall market down slightly. As of now, $BTC is trading at $96,600, and $ETH is at $3,628, with Bitcoin dominance extending to 57.04%.

  • Ripple’s RLUSD stablecoin has received final approval from the New York State Department of Financial Services. As of now, $XRP is up 5.7%, trading at $2.33.

  • Notable headlines include Goldman Sachs CEO saying the firm "would evaluate" participating in Bitcoin or Ethereum markets if regulators permit, Microsoft shareholders voting against a Bitcoin plan, and Trump wanting Bitcoin to hit $150,000 during his presidency, according to Axios.

  • In the past 24 hours, the top gainers were $GIGA, $AI16Z, and $XDC, while the top losers were $ORDI, $CTC, and $NEIRO.

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