Daily Market BriefDec 16, 2024

Daily Market Brief 241216

  • $BTC broke a new all-time high as we head into Asia trading hours, without noticeable price movement during the weekend. As of now, $BTC is trading at $104,443, and $ETH is trading at $3,959. Bitcoin dominance stands at 57.19%.

  • This week’s calendar includes the FOMC and BOJ meetings on Thursday, and US PCE on Friday.

  • Noticeable headlines over the weekend include MicroStrategy joining the Nasdaq 100 (see below), $PENGU being listed on OKX spot with Abstract launching its mainnet in January 2025, and WLFI buying $ENA and $ONDO.

  • In the past 24 hours, the top gainers were $MRS, $FARTCOIN, and $FTM, while the top losers were $FLOKI, $GOAT, and $SOS.

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